FREC STUDY GUIDE EXAM WITH
COMPLETE SOLUTIONS
Identify mthe minformation mon mthe mSubdivision mPlat mMap m- mcorrect manswers m-An
mengineer's mplan mfor mland muse msuperimposed mon ma mmap mto mbe mdeveloped m.
Distinguish mamong mthe mthree mcategories mof mresidential mconstruction. m- mcorrect
manswers m-Speculative m(spec) mhomes- mbuilding mwithout mbuyer min madvance mof
mconstruction, mCustom mhome- mconstructs mhome mwith ma mbuyer musing mplans,
mTract mhomes- mmodel mhomes
Cite mthe mfee mwaiver mfor mmilitary mveterans mand mtheir mspouses. m- mcorrect
manswers m-The mDBPR mhas mthe mauthority mto mwaive mthe mapplication, mlicense,
mand munlicensed mactivity mfees mfor mmilitary mveterans mand mtheir mspouses mwho
mapply mfor ma mreal mestate mlicense mwithin m60 mmonths mafter mhonorable
, mdischarged. mThis mfee mwaiver mdoes mnot minclude mthe mexamination mfee mand
mfinger mprocessing mfee.
What mcriminal mhistory mmust mbe mdisclosed mon mthe mreal mestate mlicense
mapplication? m- mcorrect manswers m-1)Whether mthe mapplicant mhas mever mbeen
mconvicted mor mfound mguilty mof ma mcrime, mever mentered ma mplea mof mguilty mor
mnolo mcontendere m(no mcontest) mto ma mcrime mor mis mcurrently munder mcriminal
minvestigation. m2) mEver mdone mbusiness munder many mname mother mthan mthe
mname msigned mon mthe mapplication. m
3) mHad ma mdisciplinary maction magainst ma mlicense mto mpractice ma mregulated
mprofession m(including mrevocation, mannulment, msuspension, mrelinquishment,
msurrender, mor mpending minvestigation magainst ma mprofessional mlicense). m4) mHad
man mapplication mfor ma mreal mestate mlicense mdenied mor mthere mis mpending
mproceeding mto mdeny man mapplication.
Know mthe mpurpose mof mrequiring mapplicants mto mhave ma mU.S. mSocial mSecurity
mnumber. m- mcorrect manswers m-To mdetermine mwhether mapplicants mare min
mcompliance mwith mchild msupport mobligations.
Know mthe mexperience mof mrequirements mnecessary mto mobtain ma mFlorida
mbroker's mlicense. m- mcorrect manswers m-Must mhave mheld man mactive mreal mestate
mlicense mfor mat mleast m24 mmonths mduring ma mfive-year mperiod mproceeding mthe
mapplication mto mbecome ma mFlorida mreal mestate mbroker.
Name mthe mindividuals mexempt mfrom mlicensure munder mFS m475. m- mcorrect
manswers m-Persons mwho: msell mcemetery mplots, mrent mlots min ma mmobile mhome
mpark m, mattorneys-at-law min ma mattorney-client mrelationship, mcertified mpublic
maccountants, mperson mwho mhas mpower mof mattorney m(attorney min mfact), mowners
mof mtime-shares, mstate-certified mand mlicensed mreal mestate mappraisers mwho mare
mlicensed munder m475, mPart mII, mcourt-appointed mindividuals, mhotel/motel mclerks,
mfederally mregulated mbanks mand mdealers mregistered mwith mthe mSecurities mand
mExchange mCommission(SEC), mapartment mproperty mowners/management mfirms
mpaying mfinders mfee mof mno mmore mthan m$50 mto ma mtenant
Identify mwho mappoints mand mconfirms mthe mDBPR msecretary. m- mcorrect manswers
m-Appointed mby mthe mgovernor, mconfirmed mby mthe mstate msenate
Be maware mof mthe mpenalties mthat mthe mFREC mmay mNOT mimpose m- mcorrect
manswers m-May mnot mimpose mimprisonment; mbut mmay mevoke myour mlicense
Describe mthe mregulations mregarding mactivating man minvoluntary minactive mlicense.
m- mcorrect manswers m-May mactivate mtheir mlicense mduring mthe mtwo-year mperiod
mfollowing mexpiration mof ma mvalid mcurrent mlicense monly mafter mcompleting ma
mFREC mprescribed mcourse mwhen ma mlicensee mhas mbeen minvoluntary minactive
mfor:
*12 mmonths mor mless, mcomplete ma m14 mhour mFREC mapproved mclass
COMPLETE SOLUTIONS
Identify mthe minformation mon mthe mSubdivision mPlat mMap m- mcorrect manswers m-An
mengineer's mplan mfor mland muse msuperimposed mon ma mmap mto mbe mdeveloped m.
Distinguish mamong mthe mthree mcategories mof mresidential mconstruction. m- mcorrect
manswers m-Speculative m(spec) mhomes- mbuilding mwithout mbuyer min madvance mof
mconstruction, mCustom mhome- mconstructs mhome mwith ma mbuyer musing mplans,
mTract mhomes- mmodel mhomes
Cite mthe mfee mwaiver mfor mmilitary mveterans mand mtheir mspouses. m- mcorrect
manswers m-The mDBPR mhas mthe mauthority mto mwaive mthe mapplication, mlicense,
mand munlicensed mactivity mfees mfor mmilitary mveterans mand mtheir mspouses mwho
mapply mfor ma mreal mestate mlicense mwithin m60 mmonths mafter mhonorable
, mdischarged. mThis mfee mwaiver mdoes mnot minclude mthe mexamination mfee mand
mfinger mprocessing mfee.
What mcriminal mhistory mmust mbe mdisclosed mon mthe mreal mestate mlicense
mapplication? m- mcorrect manswers m-1)Whether mthe mapplicant mhas mever mbeen
mconvicted mor mfound mguilty mof ma mcrime, mever mentered ma mplea mof mguilty mor
mnolo mcontendere m(no mcontest) mto ma mcrime mor mis mcurrently munder mcriminal
minvestigation. m2) mEver mdone mbusiness munder many mname mother mthan mthe
mname msigned mon mthe mapplication. m
3) mHad ma mdisciplinary maction magainst ma mlicense mto mpractice ma mregulated
mprofession m(including mrevocation, mannulment, msuspension, mrelinquishment,
msurrender, mor mpending minvestigation magainst ma mprofessional mlicense). m4) mHad
man mapplication mfor ma mreal mestate mlicense mdenied mor mthere mis mpending
mproceeding mto mdeny man mapplication.
Know mthe mpurpose mof mrequiring mapplicants mto mhave ma mU.S. mSocial mSecurity
mnumber. m- mcorrect manswers m-To mdetermine mwhether mapplicants mare min
mcompliance mwith mchild msupport mobligations.
Know mthe mexperience mof mrequirements mnecessary mto mobtain ma mFlorida
mbroker's mlicense. m- mcorrect manswers m-Must mhave mheld man mactive mreal mestate
mlicense mfor mat mleast m24 mmonths mduring ma mfive-year mperiod mproceeding mthe
mapplication mto mbecome ma mFlorida mreal mestate mbroker.
Name mthe mindividuals mexempt mfrom mlicensure munder mFS m475. m- mcorrect
manswers m-Persons mwho: msell mcemetery mplots, mrent mlots min ma mmobile mhome
mpark m, mattorneys-at-law min ma mattorney-client mrelationship, mcertified mpublic
maccountants, mperson mwho mhas mpower mof mattorney m(attorney min mfact), mowners
mof mtime-shares, mstate-certified mand mlicensed mreal mestate mappraisers mwho mare
mlicensed munder m475, mPart mII, mcourt-appointed mindividuals, mhotel/motel mclerks,
mfederally mregulated mbanks mand mdealers mregistered mwith mthe mSecurities mand
mExchange mCommission(SEC), mapartment mproperty mowners/management mfirms
mpaying mfinders mfee mof mno mmore mthan m$50 mto ma mtenant
Identify mwho mappoints mand mconfirms mthe mDBPR msecretary. m- mcorrect manswers
m-Appointed mby mthe mgovernor, mconfirmed mby mthe mstate msenate
Be maware mof mthe mpenalties mthat mthe mFREC mmay mNOT mimpose m- mcorrect
manswers m-May mnot mimpose mimprisonment; mbut mmay mevoke myour mlicense
Describe mthe mregulations mregarding mactivating man minvoluntary minactive mlicense.
m- mcorrect manswers m-May mactivate mtheir mlicense mduring mthe mtwo-year mperiod
mfollowing mexpiration mof ma mvalid mcurrent mlicense monly mafter mcompleting ma
mFREC mprescribed mcourse mwhen ma mlicensee mhas mbeen minvoluntary minactive
mfor:
*12 mmonths mor mless, mcomplete ma m14 mhour mFREC mapproved mclass
