Section 3 Multiple Choice Flashcards
If Ted Adamson intentionally misled the DBPR when Ted filled out his application, Ted would be guilty of what?
1) First Degree Felony
2) Second Degree Felony
[A] 3) Third Degree Felony
4) First Degree Misdemeanor
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[Section 3B, Slide 55]
A broker wishes to be issued several broker licenses for business reasons. What may he do in this situation?
1) Only be issued one broker license
2) Be issued one broker license, but have several broker-associate licenses
3) Be issued a group license
[A] 4) Hold multiple licenses
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[Section 3C, Slides 6 & 7]
An active Florida broker accompanies her husband when he goes on active military duty in Ohio for five years. She is not active in real estate in Ohio. Upon their return to Florida, what would her next step be in order to maintain her license?
1) She must first complete 7 hours of continuing education for each inactive year
2) She must first complete 14 hours of continuing education
3) She must first complete 28 hours of reactivation education
[A] 4) Nothing, as she is exempt from renewal requirements for 2 years and may start using her real estate license.
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[Section 3B, Slides 77-79]
Sam, a broker, retired from his brokerage with two remaining licensees. Even after warning them of the impending retirement, they failed to activate their license with another brokerage. What will happen to their real estate license?
1) Their real estate license will become null and void upon the day of Sam’s retirement and they will be unable to practice real estate.
2) Their real estate license will become involuntary inactive, but they will be able to still practice real estate in the meantime.
3) Their real estate license will be temporarily disabled, but it can be reinstituted by a new broker after he pays their penalty fee.
[A] 4) Their real estate license will become involuntary inactive, and they will not be able to practice real estate during that time.
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[Section 3B, Slides 43-45]
If a license has been involuntary inactive for more than 12 months but less than 24 months, to activate the license, the licensee must do what?
1) Complete 14 hours continuing education course.
[A] 2) Complete 28 hours of a Commission-prescribed education course.
3) Nothing, as the license would be null and void.
4) Take a 63-hour pre-license course.
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[Section 3B, Slide 33]
Which power gives the Florida Real Estate Commission (FREC) the authority to enact, revise, and interpret administrative rules regarding real estate license law and practice?
1) Executive
2) Quasi-judicial
[A] 3) Quasi-legislative
4) Ministerial
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[Section 3D, Slide 62]
Who appoints and confirms the Director of the Division of Real Estate (DRE)?
1) Appointed by the Governor of Florida and confirmed by the state senate.
2) Appointed by the Governor of Florida and confirmed by the FREC.
[A] 3) Appointed by the Secretary of the DBPR and confirmed by the FREC.
4) Appointed by the Commission and confirmed by the Governor.
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[Section 3A, Slide 22]
If a licensee received their license on July 4th, 2016, when is the end of their first renewal period?
1) September 30th, 2017
[A] 2) March 31st, 2018
3) September 30th, 2018
4) March 30, 2018
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[Section 3B, Slides 23-29]
An individual, and/or this spouse, that is an active duty member of the armed forces and has a real estate license in another state, can get what type of real estate license if stationed in Florida?
[A] 1) Regular
2) Multiple licenses
3) Temporary license
4) Reciprocity license
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[Section 3B, Slide 70]
Which one of the following statements is not true regarding the composition of the FREC?
1) Out of the five licensed real estate professionals, four must have held active licenses for five years.
2) Only one member must be 60 years of age or older.
[A] 3) Members will serve 6-year terms and may not serve consecutive terms.
4) Members are volunteers and cannot be held for civil liability for any official action taken.
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[Section 3D, Slides 13-16]
Who appoints and confirms the Secretary of the DBPR?
[A] 1) Appointed by the Governor of Florida and confirmed by the state senate
2) Appointed by the Governor of Florida and confirmed by the FREC
3) Appointed by the Director of the Division of Real Estate and confirmed by the FREC
4) Appointed by the Commission and confirmed by the Governor
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[Section 3A, Slides 20 & 21]
The power of the commission to suspend or revoke licenses and issue administrative fines is an example of what type of power?
1) Executive Power
2) Quasi-legislative
[A] 3) Quasi-judicial
4) Ministerial
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[Section 3D, Slide 63]
A license will become null and void in the following circumstances except which one?
1) The license has been involuntary inactive for more than two years.
2) The license was revoked following disciplinary proceedings.
3) The license was voluntarily relinquished (not involving disciplinary action).
[A] 4) The license expired in the second renewal period by 10 months.
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[Section 3C, Slides 31 & 32]
Clara-the-Good’s Broker moved her brokerage across town. The change of address must be updated with the DBPR within how many days?
[A] 1) 10 days
2) 15 days
3) 30 days
4) 60 days
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[Section 3B, Slide 49]
Chapter 455 of the Florida Statutes gives the DBPR what powers?
[A] 1) The power to investigate consumer complaints, issue subpoenas, issue cease and desist orders, and issue citations.
2) The power to make determinations of violations, establish fees, suspend or revoke licenses and impose fines, and issue subpoenas.
3) The power to imprison violators of real estate license law, issue cease and desist orders, issue citations, and make determinations of violations.
4) The power to suspend or revoke licenses and impose fines, make determinations of violations, issue search warrants, ask for brokerage records, and investigate consumer complaints.
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[Section 3A, Slide 49]
