Real Estate Sale Associate Pre License Course Exam Prep (GOLD COAST HIGHLIGHTS) Questions And Answers.
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Real estate sale associate pre license course
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Real Estate Sale Associate Pre License Course
Real Estate Sale Associate Pre License Course Exam Prep (GOLD COAST HIGHLIGHTS) Questions And Answers.
Farming - correct answer. licensee concentrate on one type or style of property or on one particular neighborhood
Farm area or target market - correct answer. Findi...
Real Estate Sale Associate Pre License
Course Exam Prep (GOLD COAST
HIGHLIGHTS) Questions And Answers.
Farming - correct answer. licensee concentrate on one type or style of property or
on one particular neighborhood
Farm area or target market - correct answer. Finding and specializing in a particular
neighborhood or type of property. Considered to be one of the best ways to succeed in
the real estate business
Tract building - correct answer. When a developer acquires a large tract of land,
records a subdivision plat map, and uses a model center from which sales may be
made
Local level - correct answer. Government Regulation:
At the local level, planning and zoning, property taxation, building, and health codes and
regulations, and building moratoriums that affect development, play a significant role in
the cost and desirability of real estate
Purpose of the law - correct answer. F.S. 475 to protect the public
Commission or FREC - correct answer. Refers to the Florida real estate commission
,Department or DBPR - correct answer. Refers to the department of business and
professional regulation
Division or DRE - correct answer. Refers to the division of real estate
License - correct answer. Means any permit, registration, certificate, or license
issued by the department
Licensee - correct answer. Refers to any person to whom a permit, registration,
certificate or license is issued by the department
A BAR SALE - correct answer. The most common services of real estate:
Sales associate - correct answer. Must be employed by a real estate broker or
owner developer to practice real estate
*must complete all pre license requirements to obtain their initial license as a sales
associate
Broker - correct answer. A person who performs services of real estate as an agent
for another and receives compensation for those services either directly or indirectly
A Sales Associate transitioning to a Broker - correct answer. Must have been
employed under one or more actively licensed brokers for at least 24 months writhing
the last 5 yrs before becoming eligible to take the state broker examination
Additional applicants who qualify to apply for a brokers license [F.A.C.61J2-2.027(1)(b)]
- correct answer. Actively licensed real estate sales associates from another STATE
OR NATION who have been Licensed for at least 24 months during the preceding 5 yrs
Broker Associate - correct answer. Someone who is qualified to receive a broker
license but chooses instead to be employed under the direction, control and
management of an actively licensed broker or owner developer.
In this capacity the broker acts as a sales associate NOT as a broker
,Florida real estate license requirements - correct answer. An applicant for a Florida
real estate license requirements is NOT required to be a resident of the state of Florida,
or to be a citizen of the United States
Florida Mutual recognition - correct answer. Florida has entered into "Contractual
agreements" with 7 states that recognize the similarity in the content of their mutual
education and experience requirements for real estate licensing.
Form #1 DBPR RE 1
"Have you ever been convicted or found guilty of, or entered a plea of Nolo contendere
(no contest) or guilty to, regardless of adjudication, a crime in any jurisdiction, or are you
currently under criminal investigation?"
The question further defines which offenses are covered - correct answer. For
practical purposes, this question requires the disclosure of any criminal convictions,
including felony or misdemeanor convictions or pleas ( other than minor traffic
offenses).
DUI is not a minor traffic offense and must be disclosed
Application Denial - correct answer. If an application to take state exam is denied,
the applicant will be notified in writing.
The notification will identify the reasons for denial and advise the applicant they they
have 21 days from the date of receipt to request a formal hearing before an
administrative law judge
Compensating broker or sales associate - correct answer. Florida real estate license
law requires a sales or broker associate to be employed as an agent of either a broker
or owner developer before performing real estate services for compensation.
They may NOT be directly compensated for real estate services by a member of the
public.
Only their employing broker or owner developer
Employment by owner developer - correct answer. The owner developer must
register with the department but does not receive a real estate license
Post licensing course - correct answer. All licensees, whether active or inactive,
must satisfactorily complete a Commission prescribed post licensing course before the
first renewal expiration date, following initial licensure.
, Sales associate first renewal - correct answer. Sales associate must complete a 45
hour post license course.
Failure to complete this requirement will result in licensee being out of business and
voided license
Continuing education - correct answer. All licensees active or inactive, broker or
sales assoc., must complete 14 hrs of commission approved continuing education and
pay a renewal fee during each license renewal period, excluding the first renewal period
of their current license.
If CE requirements are no met within the renewal deadline, the licensees license will be
changed to INVOLUNTARY INACTIVE
CE courses may be completed by classroom or distance learning(online)
Attorney-in-fact - correct answer. Persons who are granted authority under a power
of attorney to act for others in some capacity, such as signing documents
Salaried employees - correct answer. Of an owner, or of a registered broker for an
owner, of an apartment community who work in an onsite rental office of the apartment
community in a leasing capacity
Powers of the "Department or DBPR" - correct answer. The department does not
have the authority to issue injunctions against unlicensed persons, but may seek an
injunction from the courts for failure to follow a department order.
The department also has the power to issue a cease and desist order against an
unlicensed party for violation of any rule or law under its administration
Executive powers - correct answer. Can be exercised by the chairperson acting
alone or can be delegated by quorum vote to any other commission member
Quasi judicial powers - correct answer. Allow the commission to impose disciplinary
action for violations of laws and rules. Similar to the actions of a court of law.
The commission has the authority to deny an application, and to reprimand , fine, or
place a licensee on pro a Tiod, or suspend or revoke a license
A guilty licensee - correct answer. May receive one of the following disciplinary
actions
Issued a reprimand or admin. fine up to $5,000 per offense
Be placed on probation
Or Have their license suspended for up to ten years or permanently revoked
Subsequent renewal - correct answer. 14 hr CE
Failure to do so results in null and Void license
The licensee may not practice real estate while his or her license is involuntary inactive.
The license can remain in this statutes for up to two years
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