Exam (elaborations)
Florida Real Estate State Exam Prep 2024 Questions With Solutions Latest Updated Rated 100%
- Course
- Institution
Florida Real Estate State Exam Prep 2024 Questions With Solutions Latest Updated Rated 100%
[Show more]
Content preview
Florida Real Estate State Exam Prep.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20StFlorida Real Estate State Exam Prep
1. Joint Ventures
ANS is a temporary form of business arrangement often encounteredin real estate business.
2. Trade Names
ANS is a business name other than the legal name of the person doingbusiness. The letters T/A
are used to indicate "trading as."
3. Chapter 120, F.S.
ANS Administrative Procedures Act
4. Chapter 455, F.S.
ANS Regulation of Professional and Occupations
5. Chapter 28, Sections 101-110
ANS Division of Administrative Hearings (DOAHRules), Florida Administrative Code
(F.A.C.)
6. Chapter 61J2
ANS Florida Real Estate Commission, Fl Administrative Code (F.A.C.)
7. Recovery Fund
1 of 29 8/20/2024, 12:56
,Florida Real Estate State Exam Prep.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20St
ANS Claim must be paid with in 2 yrs.Max payment $50,000
(single transaction)
Max payment on multiple $150,000
Punitive Damages and Interest CANNOT be reimbursed from fund
8. Accumulation of the Recovery Fund
ANS total of $1 million is the limit for fund atany one time.
Accumulated by charging Licensees a Recovery Fund Fee when a new lic is issued or renewed.
Fines imposed by FREC and collected by DBPR. Collection stops whenlimit is reached and restarts
when amount drops below $500k. At that time, a fee of
$3.50 per yr. for brokers and $1.50 per year for sales Assoc. is added to Lic fee.
9. Civil Rights Act of 1964 (Titles II and III)
ANS ended racial segregation in schools,the work place, and public accommodations.
10. Civil Rights Act of 1968 The Fair Housing Act
ANS Prohibits discrimination on the basis of Race, Color, Religion, Sex and National Origin
when selling or rentingresidential property.
11. 7 Protected Classes (FRSH CRN aka Fresh Corn)
ANS RaceColor
Religion
2 of 29 8/20/2024, 12:56
,Florida Real Estate State Exam Prep.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20St
Sex
Handicap Status (mental or physical)
Familial Status (18 or younger or Pregnant Women)National
Origin
12. Blockbusting
ANS Use the entry, or rumor of the entry, of a protected class into theneighborhood to persuade
owners to sell
13. Steering
ANS Channel Home seekers to or away from a particular neighborhoodbecause they are
members of a protected class
14. Redlining
ANS Deny loans or insurance coverage by a lender or insurer that pre-sents different terms or
conditions for homes in certain neighborhoods
15. Americans with Disabilities Act of 1990
ANS removes barriers that prevent qual-ified individuals with disabilities from enjoying the
same opportunities that are
3 of 29 8/20/2024, 12:56
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BESTGOODIES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now