Florida Real Estate (Real Estate License Law) Practice Questions and Answers
8 views 0 purchase
Course
Florida real estate
Institution
Florida Real Estate
Florida Real Estate (Real Estate License
Law) Practice Questions and Answers
When did Florida pass its first Real Estate Law? - Answer-1923
When was the FREC created? - Answer-1926
What is the purpose of the FREC? - Answer-protect the public
What is the DBPR? - Answer-Department of Business an...
Who does Caveat Emptor still apply to? - Answer✔✔-still applies to buyers and
sellers who conduct their own real estate business without the aid of a professional
What are the 3 categories of real estate licenses? - Answer✔✔-Sales associate
Broker
Broker Associate
What is a sales associate? - Answer✔✔-A person who provides real estate services
for another, for compensation under the direction, control and management of a broker
What is a broker? - Answer✔✔-A person who provides real estate services for
another, for compensation
What is a broker associate? - Answer✔✔-Is a licensed broker who chooses to work
as a sales associate under the direction of another broker
How does an associate become active? - Answer✔✔-The associate becomes active
by finding a broker-employer or an owner-developer
Is an applicant considered active or inactive when licensing requirements are met? -
Answer✔✔-applicant is licensed as an inactive sales associate
In order to apply for a real estate license what must a person have before applying? -
Answer✔✔-Must be 18 years or older
Have a high school diploma, or its equivalency
2/15
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 EmillyCharlotte. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
