UNIT 2 - Real Estate Act, Rules, & Regulations Flashcards
Lisa completed her REAP program and passed her Practice of Residential Real Estate exam on February 12th. How long does she have to join a brokerage?
Choose only ONE best answer.
A) Till September 30th
B) Till February 11th
C) Till January 1st
D) Till December 31st
B) Till February 11th
Karen has finished her Real Estate Associates Program. After 12 months, she gets her Criminal Record Check done and wants to register with a brokerage. What does she need to do?
Choose 2
A) Apply for an extension from RECA
B) Complete an Associate Application for Registration with the brokerage
C) Complete the Real Estate Associates Program again
D) Meet all other requirements a first-time applicant
Statements C and D
Blair is a real estate professional with Highland Realty. He decided to go back to school for a Masters degree. When Blair returns after completing his Masters in 2 years, what steps must he complete?
Choose all that are right
- Complete an Associate Application for Registration with the brokerage
- Submit a Certified Criminal Record Check to RECA
- Complete all Relicensing Education Program courses that were required for registration renewal during the period of time that Blair was unregistered
- Complete all Real Estate Associate Program courses
Statements 1,2&3 are correct
Mark, a real estate professional with Elite Real Estate Brokerage cancelled his registration with Clearwater Realty to start his music career. Mark has been away from the industry for 36 months. He’s contemplating coming back to the industry. What requirements must he meet in order to get licensed?
- Complete an Associate Application for Registration with the brokerage as a returning associate
- Complete all Relicensing Education Program courses that were required for registration renewal during the period of time that Mark was unregistered
- Complete the required licensing education
- Meet all other requirements a first-time applicant must complete in order to be authorized
