Florida Real Estate Sales
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| show | is a person who, for another and for compensation, performs real estate services
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| Broker associate | show 🗑
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| show | is a policy of let the buyer beware (buyer is responsible for own knowledge in real estate transactions).
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| show | is anything of value or a valuable consideration, directly or indirectly paid, promised, or expected to be paid or received
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| License | show 🗑
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| show | is a transactional agreement between Florida and another state that provides for the two states to recognize each other’s real estate pre-license education.
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| Nolo contendere | show 🗑
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| show | is an unlicensed entity that sells, exchanges, or leases its own property.
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| Prima facie evidence | show 🗑
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| show | include any real estate activities involving compensation for performing the service for another.
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| show | is the practice of mutual exchanges of privileges. Some states have reciprocal arrangements for recognizing and granting licenses to licensed real estate professionals from other states.
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| Registration | show 🗑
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| show | application and licensing purposes, person resided in Florida continuously for a period of four calendar months or more within the preceding year, regardless if they resided in a recreational vehicle, hotel or other temporary or permanent location.
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| show | is a person who performs real estate services for compensation but who does so under the direction, control, and management of an active broker or owner-developer.
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| show | court determines defendant is not likely to again engage in a criminal act court withhold adjudication of guilt. the court may withhold adjudication of guilt, stay (stop) the imposition of the sentence, and place the defendant on probation.
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| show | Sales associate= introductory level; must work under the direction, control & mgmt of a broker or owner-developer; must be registered under one broker or one owner-developer Broker licenses require additional education and experience
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| Broker associates | show 🗑
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| show | is an unlicensed entity that sells, exchanges, or leases its own property
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| show | YES
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| Is Sales staff is exempt from licensure if paid strictly on salaried basis | show 🗑
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| show | Background information whether the applicant has been convicted of a crime, pled guilty to a crime, or pled nolo contendere Must disclose prior conviction even if court action was withheld Disclose other names or alias, including a maiden name
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| Applicant must | show 🗑
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| When does license application expire | show 🗑
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| show | U.S. citizenship is not required Applicants do not have to be residents of Florida Nonresident applicants must consent to the irrevocable consent to service section on the license application which allows legal action to be initiated in Florida
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| What happens when a resident moves out of state | show 🗑
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| show | requires licensee to inform the DBPR in writing within ten days
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| Mutual recognition agreements | show 🗑
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| show | exclusively to nonresidents licensed in other jurisdictions Required to pass 40 question Florida-specific real estate law exam with at least 75 percent If licensed through mutual recognition must complete the Florida post-licensing requirement
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| Florida resident | show 🗑
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| show | Complete Course I with a score of at least 70 on the end-of-course exam If applicant does not pass the state license exam within two years after the course completion date, the applicant must again complete Course I
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| show | Attorneys who are active members of The Florida Bar are exempt from Course I Individuals with a four-year college degree in real estate are exempt from Course I
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| show | Florida sales associates must complete the 45-hour post-licensing course before the expiration of the initial sales associate license
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| Failure to complete the post-licensing requirement prior to the expiration date | show 🗑
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| Exemp from Post Licensing | show 🗑
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| show | Florida-licensed attorneys who are also licensed real estate sales associates must complete the post-licensing education requirement
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| Broker requirements | show 🗑
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| show | Broker applicants who hold a Florida real estate sales associate’s license must complete the 45-hour post-licensing course for sales associates before the initial sales associate’s license expires to be eligible for a broker’s license
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| Who is exempt from Broker Course II | show 🗑
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