A broker who represents, as a fiduciary, either the buyer or seller but not both in the
same transaction.
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Single Agent
What are the 3 main powers of the Commission?
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Executive powers, Quasi-legislative powers, and Quasi-judicial powers
a business formation in which two or more people agree to share the profits or losses
of business
A partnership agreement can be expressed or implied, orally or in writing. Nothing
has to be filed with the State
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General partnership/partnership
When should the broker make a deposit into the escrow after receiving a deposit?
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No later than 3 business days after receiving the check
How long does a licensee need to have their license before qualifying for a broker's
license?
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24 months within a 5 year/60 month period
, How many days does a licensee have to notify the commission that they will no longer
be a resident of Florida?
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60 days
What are the 4 steps of application denial?
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1) Notified in writing 2) 21 days 3) request a formal hearing 4) judgment
How much is the annual fee of the licensee for the recovery fund?
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$3.50
consist of at least one general partner and at least one limited partner. A general
partner in a blank is jointly and severally liable just as a general partner in a general
partnership
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same transaction.
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Single Agent
What are the 3 main powers of the Commission?
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Executive powers, Quasi-legislative powers, and Quasi-judicial powers
a business formation in which two or more people agree to share the profits or losses
of business
A partnership agreement can be expressed or implied, orally or in writing. Nothing
has to be filed with the State
Give this one a try later!
General partnership/partnership
When should the broker make a deposit into the escrow after receiving a deposit?
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No later than 3 business days after receiving the check
How long does a licensee need to have their license before qualifying for a broker's
license?
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24 months within a 5 year/60 month period
, How many days does a licensee have to notify the commission that they will no longer
be a resident of Florida?
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60 days
What are the 4 steps of application denial?
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1) Notified in writing 2) 21 days 3) request a formal hearing 4) judgment
How much is the annual fee of the licensee for the recovery fund?
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$3.50
consist of at least one general partner and at least one limited partner. A general
partner in a blank is jointly and severally liable just as a general partner in a general
partnership
Give this one a try later!
