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Bob Hogue Unit 3 UPDATED ACTUAL Exam Questions and CORRECT Answers

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Bob Hogue Unit 3 UPDATED ACTUAL Exam Questions and CORRECT Answers DBPR - CORRECT ANSWER Department of Business and Professional Regulation, agency charged with licensing and regulating business and professionals in Florida. Under executive branch of the Governor, confirmed by state senate. Active License - CORRECT ANSWER A current, valid license registered with the DBPR. The status required to actively engage in the real estate business.

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Bob Hogue Unit 3 UPDATED ACTUAL
Exam Questions and CORRECT Answers
DBPR - CORRECT ANSWER Department of Business and Professional Regulation,
agency charged with licensing and regulating business and professionals in Florida. Under
executive branch of the Governor, confirmed by state senate.


Active License - CORRECT ANSWER A current, valid license registered with the DBPR.
The status required to actively engage in the real estate business.


Cancel - CORRECT ANSWER A license ceases to exist, effective as of the date approved
by the Commission, and does not involve disciplinary action.


Cease to be in force - CORRECT ANSWER A licensee cannot perform real estate services
because certain events occur, such as when a broker changes business address.


Current mailing address - CORRECT ANSWER The residential address a licensee uses to
receive mail through the U.S. Postal Service.


Current status - CORRECT ANSWER Indicates a licensee is up to date with respect to the
DBPR's licensure requirements.


Executive - CORRECT ANSWER Duties related to the education of licensees, the
regulating of professional practice, and the publishing of materials.


Group license - CORRECT ANSWER A right granted a sales associate or broker associate
to work various properties owned by affiliated entities under one owner developer.


Involuntary inactive - CORRECT ANSWER The license status that results when a license
is not renewed at the end of the license period.

, Ministerial duties - CORRECT ANSWER The duties of the Division of Real Estate that
involve recordkeeping.


null and void - CORRECT ANSWER The license status when a sales associate has failed
to successfully complete post license education prior to the first renewal of the license or when a
licensee has failed to renew two or more renewal cycles; the license status has been involuntary
inactive for more than 24 months.


Probation - CORRECT ANSWER An administrative penalty imposed by the FREC that
allows the licensee to continue to practice real estate under the guidance of the FREC for a
period of time while completing conditions specified by the FREC.


Promulgates - CORRECT ANSWER The formal act of announcing a statute or an
administrative rule. To publish and officially announce a new or amended rule or statute. The
FREC may promulgate rules and regulations.


quasi-judicial - CORRECT ANSWER Powers delegated to the FREC to discipline real
estate licensees for violations of real estate license law and FREC administrative rules.


quasi-legislative - CORRECT ANSWER Powers delegated to the FREC to enact rules and
regulations, decide questions of practice, and validate records (imprint with FREC's seal).


voluntary inactive - CORRECT ANSWER The license status that results when a licensee
has met all the requirements for licensure, yet the licensee chooses not to engage in the real
estate business and has requested that the license be placed in this status.


voluntary relinquish - CORRECT ANSWER A licensee-respondent may choose to avoid a
disciplinary hearing and relinquish the real estate license in lieu of discipline, permanently
revoking the license.


FREC - CORRECT ANSWER Florida Real Estate Commission

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