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Gold Coast real estate Questions and Answers (100% Correct Answers) Already Graded A+

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Gold Coast real estate Questions and Answers (100% Correct Answers) Already Graded A+

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Gold Coast real estate Questions and
Answers (100% Correct Answers) Already
Graded A+


Farming [ Ans: ] When a licensee concentrates on one type of
property or neighborhood
Moratorium [ Ans: ] an official waiting period; an authorized
period of delay
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Leasing [ Ans: ] Larger than 12 months
Renting [ Ans: ] Up to 12 months
To apply to be a broker a licensed agent must be working actively
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under a broker for... [ Ans: ] 24 months within a 5 year period
Broker associate [ Ans: ] An individual who is qualified to be
issued a broker's license but who operates as a sales associate in
the employ of another.
To apply for a Florida real estate license... [ Ans: ] One does not
need to be a resident of the state or us citizen.
When doing your background check [ Ans: ] One must disclose
ANY criminal history
Application Denial [ Ans: ] If you are denied by the department
the applicant will be notified in writing and will have 21 days from
the date of receipt to request a formal hearing.
A broker can work for how many brokers at once? [ Ans: ] One
at a time
Licensure and Registration [ Ans: ] Individual broker, brokers
associates, and sales associate are licensed and registered while
brokerage corps, partnerships, and branch offices and owner
developers are only registered.

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Sales associates first renewal [ Ans: ] 45 hour post licensing
course prior to the expiration date or it will be voided
Continuing EDUCATION [ Ans: ] 14 hour course and if it's not
completed within the renewal period, your license will be
involuntarily inactive
Attorney in fact [ Ans: ] A person who is granted authority under
power of attorney
Duties of the department (DBPR) [ Ans: ] Licensing and
regulation of the real estate profession
Can the DBPR issue an injunction? [ Ans: ] NO
What can the DBPR issue? [ Ans: ] Citation, a fine of 5000 per
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offense, and a cease and desist
Examination Questions and answers are [ Ans: ] Confidential
Executive Power [ Ans: ] FREC (Florida Real Estate Commission)
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and Promulgation of Publications
DBPR Authority [ Ans: ] Reprimand Lowest


5000 per offense


License suspension for 10 years


REVOKED Highest
Involuntary inactive [ Ans: ] a license may remain in an
involuntary inactive status for no more than two years.
If your brokers license is suspended, revoked, or void... [ Ans: ]
Agents under that broker will automatically have their license
become automatically inactive.
Group License [ Ans: ] Sales associate or broker associate works
for one owner developer with affiliated organizations
Special Agent [ Ans: ] A special agent is authorized under
agency law by the employer to perform a single act.

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