Statutory services of Real Estate Flashcards
1
Q
License is required when…..
A
FACS In Florida For another For compensation Service of real estate.
2
Q
Statutory services
A
Appraising (non federal) Auctioning Business brokerage Buying Counseling Exchanging Leasing Listing Property Management Renting Selling Syndicating Time-shares
3
Q
Exemptions to licensure
A
Attorneys granted POA/ CPA- may not perform RE services, receive commissions or referral fee
Anyone appointed to perform RE services (cant work for commission)
Individuals buying & selling for themselves
Salaried gov employees
Salaried owner or broker owner ( ie rental office)
Cemetery lot sales
Condo/ coop managers
Lodging establishments