FREC: Chapter 2 Quiz with correct answers 2023 verified to pass

FREC: Chapter 2 Quiz with correct answers 2023 verified to pass The three categories of real estate licenses are: - correct answer Sales associate, broker associate, and broker Which does not appear on a real estate license - correct answer The chairperson of the FREC A rural electric company has a paid employee who is charged with the responsibility of finding new land to put electric poles on. He buys and sells property and negotiates for the electric company. Does he need a license? - correct answer He does not need a license because he is an employee for an electric utility company All are Florida residents except - correct answer a person living in a condo for the winter season of two months Which activity would require a real estate license - correct answer An attorney, managing a real estate brokerage office When must the sales associates post license be completed - correct answer Before the first license renewal PEARSON VUE is - correct answer the Florida Testing Service for real estate A $1.5 billion agency regulating one million professionals and businesses across some 200 licensee categories in Florida is - correct answer The Florida Department of Business and Professional Regulations a motel desk clerk gives the names of persons looking to purchase a home to a broker in exchange for a small fee. Which best describes the situation - correct answer He would need a license since he was accepting compensation from a broker