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33 Cards in this Set
- Front
- Back
The Department of Business and Professional Regulation has the authority to issue all of the following, EXCEPT:
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An injunction
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What is the maximum number of years a member may serve on the Florida Real Estate Commission?
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No maximum
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Which statement is true regarding the Secretary of the Department of Business and Professional Regulation?
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The Secretary is appointed by the Governor. |
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The Division of Real Estate is an administrative part of which of the following?
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The Department of Business and Professional Regulation |
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Which statement is true regarding examination questions and answers?
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They are confidential.
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Which of the following entities issues real estate licenses?
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The Department of Business and Professional Regulation |
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After being active in the real estate business for over five years, a licensee's license expired on September 30. What is the status of the license on October 1?
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Involuntary inactive
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The Florida Real Estate Commission held a meeting for the purpose of passing a new rule. This is an exercise of which Commission power?
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Quasi-legislative
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Which of the following statements is true regarding the Director of the Division of Real Estate?
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The Director is appointed by the Secretary of the Department |
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The Department of Business and Professional Regulation (DBPR) is created by which Florida statute?
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F.S. 455
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If an applicant for a real estate license provides false information on their application, they commit which of the following criminal violations?
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Third-degree felony
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What action may the Department take if it determines that an unlicensed person has operated in violation of a law or rule under its administration?
unlicensed individuals. future. |
An administrative fine of up to $5,000 may be imposed. |
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Educational requirements of applicants for a real estate license are promulgated under what authority of the Florida Real Estate Commission?
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Executive
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When is a request for the renewal of a license effective?
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When received by the Department |
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When does a real estate license expire?
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On the date shown on the license |
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New Commission rules must be approved by which of the following entities?
Professional Regulation |
No one
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How long may a license remain in voluntary inactive status?
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Indefinitely
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Which of the following best describes certificates that are entered into court as evidence?
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Prima facie evidence
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Which entity has the duty to prosecute violations of Commission rules?
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Department of Business and Professional Regulation |
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A sales associate is employed by a broker Monday through Friday and for a builder on weekends. The sales associate feels the added experience is beneficial especially since both employers pay an attractive commission split. Which statement is correct?
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This arrangement violates the license law. |
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What specific information does an applicant for a real estate license provide that is considered to be public record?
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Name and address
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A sales associate is licensed under an owner-developer that owns several affiliated organizations. If the employer wishes to have the sales associate provide real estate services for these various organizations, what type of license should the sales associate request?
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Group
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Sarah is an actively licensed broker for XYZ Realty, a registered real estate brokerage corporation. She has an opportunity to buy an existing real estate corporation, BBD Realty, Inc., in a town which is located 25 miles away. Sarah wants to become the only broker for both corporations; however, she does not wish to change the name or combine the two corporations. How may Sarah accomplish this?
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Sarah may request multiple licenses |
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The DBPR receives a complaint regarding unlicensed real estate activity. Which of the following would be an appropriate DBPR response?
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A cease and desist order |
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The Florida Real Estate Commission has many duties and powers. Which of the following is the category of power that can only be performed specifically by the Chairperson?
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Executive powers
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A licensee failed to renew his or her license prior to the expiration date, and reverted to involuntarily inactive status. How long may this individual's license remain in this status before the license becomes null and void?
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2 years
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Which statement is true regarding a broker who wishes to operate two independent real estate brokerage corporations?
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The broker can do this by requesting multiple licenses. |
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All of the following penalties could be imposed by the FREC, EXCEPT:
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Administrative fine of up to $15,000 per offense
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The FREC issued a final order revoking the license of Too Much Fun Realty, Inc. Which of the following best describes the status of the licensees at this company?
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All licensees within the corporation are automatically inactive. |
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A licensee failed to complete the required 14-hour continuing education for their second renewal and their license expired on September 30th. What is the status of the license on October 1st?
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Involuntarily inactive
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Which of the following statements accurately represent group and/or multiple licenses?
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Sales associates and broker associates may be issued a group license. |
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A licensee without any pending disciplinary issues decides she no longer wishes to practice real estate and simply gives the license back. What is the status of the license after it is returned to the Department?
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Cancelled
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Which best describes the status of an applicant who has just passed the state examination for Sales Associate?
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The license is placed in inactive status until the licensee notifies the state that he/she has an active employer. |