FREC EXAM WITH VERIFIED
SOLUTIONS
Chapter f475 f- fcorrect fanswers f-Real fEstate fLaw f1) fReal fEstate fBrokerage f2)
fAppraisal f3)Commercial fSales fLien fRights f4) fCommercial fLeasing fLien fRights
Chapter f455 f- fcorrect fanswers f-Regulation fof fBusinesses fand fProfessions. fDefines
fgeneral fpractices fand fprocedures ffor fDBPR f, fincluding fthe fpractice fof fReal fEstate
FS f120 f- fcorrect fanswers f-Licensing fand fdisciplinary fprocedures ffor fReal fEstate
fLicensees
61J2 fFAC f- fcorrect fanswers f-Rules fof fthe fFREC
Department fof fBusiness fand fProfessional fRegulation f- fcorrect fanswers f-DBPR for
fBPR; fregulates fbusiness fand fprofessions; fSecretary fof fDBPR fappointed fby fthe
fgovernor, fconfirmed fby fthe fSenate.
, Powers fand fDuties fof fthe fDBPR f- fcorrect fanswers f-Adopt frules fand fregulations;
fstanding fto fchallenge fany frule fof fCommission; fprepare fand fadminister
fexaminations; fissue flicenses; finvestigate fcomplaints; fseek fevidence fin finvestigation
for fproceeding f(take fdepositions fand fissue fsubpoenas)
Division fOf fReal fEstate f- fcorrect fanswers f-DRE, fDirector fappointed fby fSecretary fof
fDBPR fsubject fto fapproval fby fCommission; fprovides fall fservices fconcerning fChapter
f475
Duties fof fDivision f- fcorrect fanswers f-Executive f(investigation fof fcomplaints);
fMinisterial f(maintenance fof frecords); fAdministrative f(clerical fand froutine fduties)
Funding fof fDivision f- fcorrect fanswers f-Fees fand fassessments fof fCommission
Principal fOffice fof fDRE f- fcorrect fanswers f-Orlando, fby flaw
Purpose fof f475 f- fcorrect fanswers f-Protect fpublic ffrom feconomic floss
Rules f- fcorrect fanswers f-Implement fand fprescribe flaw
Florida fReal fEstate fCommission f- fcorrect fanswers f-FREC; fagency; fadministers fand
fenforces fadministrative flicense flaw
Membership fof fFREC f- fcorrect fanswers f-7 fmembers: f4 fbrokers, f1 fbroker fOR fsales
fassociate, f2 fconsumer fmembers, f1 fmember f60 for folder
Appointment fof fMembers f- fcorrect fanswers f-Appointed fby fgovernor ffor f4-year fterms;
fconfirmed fby fsenate.
Compensation fof fMembers f- fcorrect fanswers f-NOT fsalaried femployees fof fDBPR;
fcompensated ffor fattending fmeetings
Election fof fOfficers fAnnually f- fcorrect fanswers f-Chairperson fand fVice fChairperson
felected
Official fRecords f- fcorrect fanswers f-Minute fbook fand forder fbook
Legislative f(Quasi-Legislative) fPowers f- fcorrect fanswers f-Enactment fof frules fand
fregulations; fcan fNOT fconflict fwith fconstitution, fstatutes, fand fother flaws; fdecide
fquestions fof fpractice; fvalidate frecords f(imprinted fwith fseal)
Adoption fof fRules f- fcorrect fanswers f-must frelate fto fduty for fpower fof fcommission;
fnotice fpublished f28 fdays fprior fto fpublic fhearing
Petition fRegarding fRule f- fcorrect fanswers f-ANY fperson fregulated fby fFREC fmay
fpetition fthe fCommission fto fadopt, famend, for frepeal fa frule
SOLUTIONS
Chapter f475 f- fcorrect fanswers f-Real fEstate fLaw f1) fReal fEstate fBrokerage f2)
fAppraisal f3)Commercial fSales fLien fRights f4) fCommercial fLeasing fLien fRights
Chapter f455 f- fcorrect fanswers f-Regulation fof fBusinesses fand fProfessions. fDefines
fgeneral fpractices fand fprocedures ffor fDBPR f, fincluding fthe fpractice fof fReal fEstate
FS f120 f- fcorrect fanswers f-Licensing fand fdisciplinary fprocedures ffor fReal fEstate
fLicensees
61J2 fFAC f- fcorrect fanswers f-Rules fof fthe fFREC
Department fof fBusiness fand fProfessional fRegulation f- fcorrect fanswers f-DBPR for
fBPR; fregulates fbusiness fand fprofessions; fSecretary fof fDBPR fappointed fby fthe
fgovernor, fconfirmed fby fthe fSenate.
, Powers fand fDuties fof fthe fDBPR f- fcorrect fanswers f-Adopt frules fand fregulations;
fstanding fto fchallenge fany frule fof fCommission; fprepare fand fadminister
fexaminations; fissue flicenses; finvestigate fcomplaints; fseek fevidence fin finvestigation
for fproceeding f(take fdepositions fand fissue fsubpoenas)
Division fOf fReal fEstate f- fcorrect fanswers f-DRE, fDirector fappointed fby fSecretary fof
fDBPR fsubject fto fapproval fby fCommission; fprovides fall fservices fconcerning fChapter
f475
Duties fof fDivision f- fcorrect fanswers f-Executive f(investigation fof fcomplaints);
fMinisterial f(maintenance fof frecords); fAdministrative f(clerical fand froutine fduties)
Funding fof fDivision f- fcorrect fanswers f-Fees fand fassessments fof fCommission
Principal fOffice fof fDRE f- fcorrect fanswers f-Orlando, fby flaw
Purpose fof f475 f- fcorrect fanswers f-Protect fpublic ffrom feconomic floss
Rules f- fcorrect fanswers f-Implement fand fprescribe flaw
Florida fReal fEstate fCommission f- fcorrect fanswers f-FREC; fagency; fadministers fand
fenforces fadministrative flicense flaw
Membership fof fFREC f- fcorrect fanswers f-7 fmembers: f4 fbrokers, f1 fbroker fOR fsales
fassociate, f2 fconsumer fmembers, f1 fmember f60 for folder
Appointment fof fMembers f- fcorrect fanswers f-Appointed fby fgovernor ffor f4-year fterms;
fconfirmed fby fsenate.
Compensation fof fMembers f- fcorrect fanswers f-NOT fsalaried femployees fof fDBPR;
fcompensated ffor fattending fmeetings
Election fof fOfficers fAnnually f- fcorrect fanswers f-Chairperson fand fVice fChairperson
felected
Official fRecords f- fcorrect fanswers f-Minute fbook fand forder fbook
Legislative f(Quasi-Legislative) fPowers f- fcorrect fanswers f-Enactment fof frules fand
fregulations; fcan fNOT fconflict fwith fconstitution, fstatutes, fand fother flaws; fdecide
fquestions fof fpractice; fvalidate frecords f(imprinted fwith fseal)
Adoption fof fRules f- fcorrect fanswers f-must frelate fto fduty for fpower fof fcommission;
fnotice fpublished f28 fdays fprior fto fpublic fhearing
Petition fRegarding fRule f- fcorrect fanswers f-ANY fperson fregulated fby fFREC fmay
fpetition fthe fCommission fto fadopt, famend, for frepeal fa frule
