Statutory services of Real Estate Flashcards

1
Q

License is required when…..

A
FACS
In Florida
For another
For compensation
Service of real estate.
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2
Q

Statutory services

A
Appraising (non federal) 
Auctioning
Business brokerage
Buying
Counseling
Exchanging
Leasing
Listing
Property Management
Renting
Selling
Syndicating
Time-shares
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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

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