Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Unit 3

Definitions

TermDefinition
active license A current, valid license registered with DBPR. The status required to actively engage in the real estate business
cancel A license cease to exist, effective as of the date approved by the Commission, and does not involve disciplinary action
cease to be in force A licensee cannot perform real estate services because certain events occur, such as when a broker changes business address
current mailing address The residential address is a licensee uses to receive mail through the U.S. Postal Service
current status Indicates a licensee is up to date with respect to the DBPR's licensure requirements
executive Duties related to the education of licensees, the regulating of professional practices, and the publishing of materials
group license Right granted a sales associate or broker associate to work various properties owned by affiliated entities under one owner developer
involuntary inactive The license status that results when a license is not renewed at the end of the license period
ministerial duties Duties of the Division of Real Estate that involve recordkeeping
multiple licenses Licenses held by a broker in two or more real estate brokerage firms
probation Administrative penalty imposed by the FREC that allows the licensee to continue to practice real estate under the guidance of the FREC for a period of time while completing conditions by specified by FREC
promulgates Formal act of announcing a statute or an administrative rule. To publish and officially announce a new or amended rule or statute. FREC may promulgate rules and regulations
quasi-judicial Powers delegated to the FREC to discipline r/e licensees for violations of r/e license law and FREC administrative rules
quasi-legislative Powers delegated to the FREC to enact rules and regulations, decide questions of practice, and validate records (imprint with FREC's seal)
voluntary inactive License status that results when a licensee has met all the requirements for licensure, yet the licensee has met all requirements for licensure, yet licensee chooses not to engage in r/e business and has requested the license be placed in this status
voluntary relinquish (for permanent revocation) Licensee-respondent may choose to avoid a disciplinary hearing and relinquish the r/e license in lieu of discipline, permanently revoking the license
null and void License status when sales associate failed to successfully complete post-license education prior to first renewal of license or when a licensee failed to renew two or more renewal cycles; license status has been involuntary inactive over 24 months
Created by: happythivo
Popular Real Estate sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards