Study guide chapter 2

Question 1

Requirements for License

Answer 1

Requirements for License: Have a Social Security #, Be 18 year of age or older, Have a
high school diploma or GED. An applicant does NOT need to be a U.S. Citizen nor be a
Florida Resident (the applicant may have residency in another state and apply to have a Florida non-resident license. (pg 17-18)

Question 2

Broker Licensing Requirements- (pg 17, 23)

Answer 2

Have an active sales associate license for 24
months in the past 5 years and successfully pass the state test for 72 pre-licensing course.

Question 3

Can a sales associate work for more than 1 broker?

Answer 3

A Sales Associate may only work for one broker at a time. It is a violation of FS 475. (pg
25)

Question 4

does a licensee have grace period if he fails to complete post-licensing education for the first renewal?

Answer 4

There is NO GRACE PERIOD for a licensee that fails to complete the Post-Licensing
Education for the first renewal (for both Sales and Broker Licenses) Pg 26

Question 5

what is Broker Associate?

Answer 5

Broker Associate: (pg 17) A licensee with a broker’s license but chooses to work as a
sales associate.

Question 6

if an applicant has any history of conviction, what should he write on his application?

Answer 6

An individual applying for a real estate license with DBPR must disclose if the applicant has been convicted or pled guilty to a crime in any jurisdiction regardless of adjudication.
(pg 61)

Question 7

DBPR process for licensing denial:

Answer 7

(pg 22) Notify applicant in writing of the reason for denial and advise the applicant regarding the right to request a formal hearing.

Question 8

Licensing requirements for an owner developer:

Answer 8

Must be Registered but not Licensed (pg
25)

Question 9

Attorney in fact-

Answer 9

A person given authority by power of attorney to represent or act on behalf of another.