Unit 3 Real Estate License Law and Commission Rules

Question 1

Identify who appoints and confirms the DBPR secretary.

Answer 1

The chief administrator of the DBPR is the secretary of the DBPR, who is “appointed by the governor, subject to confirmation by the state senate.”

Question 2

Be aware of the penalties that the FREC may NOT impose.

Answer 2

Quasi-judicial responsibilities include the power to grant or deny license applications before a license is issued.

• The power to grant or deny applications for licensure
• Suspend or revoke licenses and impose administrative fines.
• Make determinations of violations.
• FREC MAY NOT IMPOSE IMPRISONMENT AS A PENALTY!

Question 3

Describe the regulations regarding activating an involuntary inactive license.

Answer 3

May activate their licenses during the “two year period” following expiration of a valid current license only after satisfactorily completing FREC prescribed courses of instruction.

• “12 months or less,” Complete 14 hours of FREC approved continuing education.
• “More than 12 months but less than 24 months,” required to complete 28 hours education course.

Question 4

Understand the purpose of a group license.

Answer 4

A right granted a sales associate or broker associate to work various properties owned by affiliated entities under one owner developer.