Exam (elaborations)
FL REAL ESTATE UNIT 2 Questions And Answers Graded A+ 2024/2025
- Course
- Institution
FL REAL ESTATE UNIT 2 Questions And Answers Graded A+ 2024/2025
[Show more]
Content preview
FL REAL ESTATE UNIT 2Florida Statute 455 governs the Department of Business and Professional Regulation
(DBPR) and the professions regulated by the DBPR - ANSTRUE
The DBPR has no authority to require actual estate licensees to inform the DBPR of a
conviction or a locating of guilt until the crime involves real property. - ANSFALSE = Chapter
455, F.S., authorizes the FREC to field a real property licensee who has didn't notify the
DBPR inside 30 days of a conviction, finding of guilt, plea, or adjudication of against the law,
regardless of where the event took place.
Applicants who at one time plead no contest to a criminal offense are required to disclose
the case on the license application. - ANSTRUE
A license applicant is NOT required to disclose a previous criminal conviction if adjudication
turned into withheld. - ANSFALSE
U.S. Citizenship is required to become a certified in Florida. - ANSFALSE
Examinees who qualify beneath mutual recognition need to bypass a Florida-particular
actual property law examination which include 40 questions. - ANSTRUE
A person who has earned a two-year companion's degree in actual estate from an accepted
group of better schooling is exempt from the sales associate prelicense route. - ANSFALSE
= four year degree exempt
An legal professional who is an energetic member of The Florida Bar is exempt from the
sales accomplice prelicense route - ANSTRUE
Licensees who've obtained a four-12 months diploma or higher in real estate from an
approved group of better schooling are exempt from the 14-hour continuing training
requirement. - ANSFALSE - want CEUs
Failure to finish the post-licensing training requirement earlier than the licensee's first
renewal date will reason the preliminary license to end up null and void. - ANSTRUE
Pre I Pre II POST CE
four year degree Exempt E E NE
attor. E NE NE E - ANS
Sales buddies can be registered underneath handiest one dealer or one
proprietor-developer. - ANSTRUE
Prima facie evidence is a legal time period used to consult evidence that is good and enough
on its face to establish a given truth or prove a case. - ANSTRUE
, A individual appointed with the aid of a court docket of law to sell real property must be a
licensed actual property broking. - ANSFALSE
Persons who hire lots in a mobile home park need to preserve a real property license. -
ANSFALSE
A sales accomplice is a person who performs actual property services for repayment or
other attention however does so under the course, control, and management of an active
broker or owner-developer. - ANS
A broker is someone who, for any other and for repayment or different consideration,
performs actual property services. - ANS
A broker accomplice is an man or woman who meets the necessities of a dealer however
who chooses to paintings in actual property beneath the route (rent) of any other dealer. -
ANS
An proprietor-developer is an unlicensed entity that sells, exchanges, or leases its very own
assets. Sales personnel should preserve energetic real estate licenses to be paid
commission. The sales team of workers is exempt from licensure if paid strictly on a salaried
basis. - ANS
To emerge as a sales associate, applicants need to entire (1) a sixty three-hour prelicense
path with a score of at least 70; and (2) the utility manner, which include the DBPR license
utility, fingerprints submission, history take a look at statistics, affidavit of honesty (attest
declaration), initial license and application charge payment, and passage of the nation
license exam with a rating of as a minimum seventy five. - ANS
Applicants should be as a minimum 18 years of age and feature earned a excessive school
degree or its equal. U.S. Citizenship is not required, and candidates do now not need to be
Florida residents. Applicants need to possess a Social Security quantity. - ANS
Resident licensees who circulate out of the nation should notify the Commission within 60
days of the trade in residency. - ANS
Sales friends have to entire a forty five-hour put up-licensing path earlier than the expiration
of their initial license. Brokers must complete a 60-hour submit-licensing route all through the
preliminary license period. Failure to complete the post-license training before the expiration
of the initial license will purpose the license to become null and void. - ANS
Fourteen hours of continuing education each license duration is required for all real estate
licensees following the preliminary license duration. Three hours of middle law and eleven
hours of uniqueness guides contain the 14-hour requirement. - ANS
Individuals who have earned a 4-yr diploma or better in actual estate are exempt from the
sales companion and broking prelicense courses, as well as the submit-license requirement.
They aren't exempt from the continuing training requirement. - ANS
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 Tutor96. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
