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Commission and Law

Unit 3 and Unit 1

QuestionAnswer
Florida Statutes prohibit members from serving on the Commission for more than. two consecutive four-years term.
The Commission's authority to promulgate administrative rule is part of its quasi-legislative power
Which statement regarding the Division of Real Estate (DRE) is FALSE? The director of the DRE is appointed by the FREC chairperson.
The Commission is obligated to report any criminal violation of Chapter 475, E.S., when knowledgable of such violations to the state's attorney having jurisdiction
The Commission is NOT empowered to impose which disciplinary action against a licensee? Sentence a licensee to six months imprisonment
The licensee status that results when a license is NOT renewed at the end of the license period is referred to as Involuntary Inactive
A Florida broker accompanies her spouse when he goes on active military duty in Ohio for five years. The broker is not active in real estate during this time. To renew her Florida broker's license within two years of her spouse's discharge, she need not have to complete any continuing education or reactivation education for those five years
A sales associate's non-initial license expired 20 months ago. What MUST this sales associate do to again work as a real estate sales associate? Complete a 28 hours Commission-prescribed education course
The only active general partner in a real estate brokerage partnership has his license suspended. All of the licenses of the sales associates in that brokerage are placed in inactive status.
A broker wishes to be issued several broker licenses for business reasons. She may request a multiple licenses
Which FREC power is part of the FREC's quasi-judicial responsibilities? Make determination of violations
An owner-developer employs five licensed sales associates and pays each sales associate a commission for sales of the owner-developer's lots. Which is TRUE of the owner-developer? The owner-developer must register with the DBPR but does not have to be licensed.
The Florida real estate Commission consist of four real estate licensed brokers, one additional real estate licensee. and two customers members.
A nonresidents who hold a Florida real estate license MUST complete all required post-licensing and continuing education requirements.
Created by: linavanessa
 

 



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