Post license education. (A+ Graded)

No brokerage relationship correct answers When a customer chooses not to be represented by a Real Estate Broker. This relationship owes only three duties. 1) Dealing honestly and fairly. 2) Disclose all known facts that materially affect the value of the real property. 3) Account for all funds. license renewal correct answers DBPR will send a renewal notice to last known address of the licensee at least 90 days before the license expires. The initial license will become void if not renewed by the renewal date.A sales associate must successfully complete a 45-hour sales associate post-licensing course before the associate's first renewal. Exempt from renewal correct answers A sales associate or broker who has received a four-year degree, or higher, in real estate from an accredited institution of higher education is exempt from the post-license education requirements. Neglect to renew license correct answers licensee does not successfully complete the post-license requirement, the license becomes void. A sales associate wanting to continue in real estate would have to take the prelicense course again and pass the state exam. Brokers who neglect to renew their license correct answers A broker who does not complete the required post-license course will become void. But the broker may, after the license becomes void, take a 14-hour continuing education course and apply for sales associate status. The licensee who wishes to become a broker again must successfully complete the broker prelicense course and pass the state exam. Subsequent Renewals correct answers After the first renewal, the license will expire on the same date every two years. If a licensee fails to renew the license, the license will become involuntary inactive, and the licensee may not perform real estate services. 14 hour continuing education correct answers After the first renewal, a licensee must complete 14-hours of FREC-approved continuing education course. Which includes 3 hours of core law, 3 hours of ethics and business practices, and 8 hours of specialty education. The 3-hour core law course in each year of the renewal period will be allowed a total of 6 hours toward the 14-hour requirement. In such event, the specialty course hours are reduced to 5 hours. Exempt from continuing education. correct answers Licensees who are members of The Florida Bar are exempt from the continuing education requirement.