GOLD COAST SCRIPT COMPLETE
ANSWERS GRADED A+
◉ Mutual Recognition
Answer: Florida has this contract with 8 states; Alabama,
Arkansas, Connecticut, Georgia, Indiana, Mississippi, Nebraska,
and Oklahoma.
◉ Application approval
Answer: must pass state test within 2 years of approval.
◉ Application denial
Answer: Applicant has 21 days to request formal hearing
◉ Qualifications for Brokers License
Answer: Applicant must have been licensed under at least one
broker for at least 24 months. License under an owner-developer
is no valid.
◉ 30 Days
Answer: Minimum wait time to retake class exam after failing
◉ 1 year
Answer: You have this long to retake class exam after failing
, ◉ Attorneys
Answer: Who is exempt from the course and examination?
◉ 24 hours
Answer: Minimum wait time to retake state exam
◉ 2-3 weeks
Answer: Time it takes to receive license through mail
◉ Employment by a broker
Answer: Sales associate can only work under one employer at a
time
◉ (Exempt from licensure) Attorneys-in-fact
Answer: Granted authority under power of attorney to act for
others
◉ (Exempt from licensure) Court appointees
Answer: Appointed by a court of law to perform services of real
estate. They may charge fee or salary but no commission.
◉ (Exempt from licensure) Trustees, Recievers, Masters in
chancery, Court-appointed appraisers
ANSWERS GRADED A+
◉ Mutual Recognition
Answer: Florida has this contract with 8 states; Alabama,
Arkansas, Connecticut, Georgia, Indiana, Mississippi, Nebraska,
and Oklahoma.
◉ Application approval
Answer: must pass state test within 2 years of approval.
◉ Application denial
Answer: Applicant has 21 days to request formal hearing
◉ Qualifications for Brokers License
Answer: Applicant must have been licensed under at least one
broker for at least 24 months. License under an owner-developer
is no valid.
◉ 30 Days
Answer: Minimum wait time to retake class exam after failing
◉ 1 year
Answer: You have this long to retake class exam after failing
, ◉ Attorneys
Answer: Who is exempt from the course and examination?
◉ 24 hours
Answer: Minimum wait time to retake state exam
◉ 2-3 weeks
Answer: Time it takes to receive license through mail
◉ Employment by a broker
Answer: Sales associate can only work under one employer at a
time
◉ (Exempt from licensure) Attorneys-in-fact
Answer: Granted authority under power of attorney to act for
others
◉ (Exempt from licensure) Court appointees
Answer: Appointed by a court of law to perform services of real
estate. They may charge fee or salary but no commission.
◉ (Exempt from licensure) Trustees, Recievers, Masters in
chancery, Court-appointed appraisers
