Azure Tide section 6 Exam Questions and Answers

Azure Tide section 6 Exam Questions and Answers Culpable negligence is a phrase used in Criminal Law to describe conduct that is considered contrary to community standards of justice, honesty, or good morals. - Answer-False The department may investigate an anonymous verbal complaint against a licensee. - Answer-False Criminal penalties for violating license law as a third-degree felony can result in a $10,000 fine and up to 5 years in prison. - Answer-False The penalty involved with a citation are fines between $100 to $500. - Answer-True A licensee that participated in the subject transaction as an agent is not entitled to make a claim for an unpaid commission against the recovery fund. - Answer-True If a complaint has been filed against a licensee and the licensee is not disputing any material facts, then the case can be presented in an informal hearing before the FREC. - Answer-True Legally sufficient means that there is evidence that is accurate, admissible in court and sufficient to support a decision or verdict. - Answer-True If someone has a criminal history, they will always be denied a real estate license. - Answer-False A licensee that has had a complaint filed against him or her can voluntarily surrender or relinquish their license instead of facing disciplinary action. This is a permanent action and the licensee will never be able to hold a real estate license again in the state of Florida. - Answer-True FREC has the authority to deny a license application, refuse to renew a license, suspend a license up to 10 years, revoke a license, impose an administrative fine, issue a reprimand, and imprison a licensee. - Answer-False The department may investigate a complaint under which of the following scenarios? - Answer-Without a complaint if there is reasonable cause by the department, after an anonymous complaint has been filed in writing and is legally sufficient, or even after the original complaint was withdrawn. A complaint is LEGALLY SUFFICIENT if it appears to have violated what? - Answer- Florida statute, DBPR rule, FREC rule Dwayne Pipe was excited when he was deemed eligible to sit for the real estate exam even without his having submitted the required electronic fingerprints. He thought the rules must have changed! And he passed his test and went to work. But once the DBPR realized that several licenses were issued in error, what action would the DBPR take? - Answer-Notify Dwayne of the error, cancel his license, and inform Dwayne that he could resume the steps toward licensing How is the real estate recovery fund funded? - Answer-It is funded by the fee added to the license fee of new and renewal licenses and moneys collected from fines imposed and collected by the FREC. Falsifying an application is punishable as what? - Answer-third-degree felony Arthur Mansfield had a formal administrative complaint filed against him by a previous client. As such, he knows that he has three options on how to have his case heard. All of the following would be options for him, except which one? - Answer-He could dispute the allegations and request an informal hearing. Golf Realty let their real estate brokerage license lapse. All the sales associates working under Golf Realty continued to practice real estate for five months before the error was realized. What could each agent be charged with as a result? - Answer-Third-degree felony The Florida Real Estate Recovery Fund provides compensation to members of the public who have been defrauded or suffered financial harm as the result of culpable negligence, by a real estate licensee in a housing transaction. Which statement is FALSE regarding the fund? - Answer-The wrong doing by the licensee results in immediate revocation of the licensee