FLORIDA REAL ESTATE LAW
1923 Florida Real Estate Law Create
1925 FREC was created to oversee the real estate law
1941 F.S. 475 was enacted
1991 F.S. 475 Part I & II
2005 F.S. 475 Part III & IV
Application with state and Pre-license course completion certificate is good for 2 years.
Can only work real estate for one employer (broker, government agency or owner developer) and
they are the only ones that can compensate you directly.
Remember: Any violation or infraction of law will result in a violation of F.S. 475
SALES ASSOCIATE
63-hours for pre-licensing and 45-hours post-license – 14 hours continuing education – 28 hours for
reactivation – must score 70% on exam
• If you do not take the 45-hour post-license education your license becomes null and void
o Post-license education does not have a state exam only a school exam, which you must score
a 75 out of 100 questions.
• If you fail to timely take all future continued education your license becomes involuntary and
inactive – you cannot remain in this status for more than two years before becoming null and void
• Must complete 14 hours of continued education plus pay a late fee within the 12-months – 28
hours of CE plus pay a late fee within 12-months plus up through the 24-month.
BROKER
72-hours for pre-licensing and 60-hours post-license – 14 hours continuing education – 28 hours for
reactivation – must score 70% on exam
• If you do not take the 60-hour post-license education your license becomes null and void.
o Two 30-hour courses: Management and Advance topics.
o Post-license education does not have a state exam only a school exam, which you must score
a 75 out of 50 questions.
o Note: You can elect to step back down to sale associate and must complete 14-hour continue
education within 6-months.
• If you fail to timely take all future continued education your license becomes involuntary and
inactive – you cannot remain in this status for more than two years before becoming null and void
• Must complete 14 hours of continued education plus pay a late fee within the 12-months – 28
hours of CE plus pay a late fee within 12-months plus up through the 24-month.
Initial license is good for 18 to 24 months à licenses are renewed either on March 31st or September
30th and cannot exceed two years. All sequent license good for 2-years.
1
, Mutual Recognition is granted to non-Florida resident who hold valid real estate licenses from one of
the 8 states that Florida is currently under agreement by taking a 40-question exam, which is solely
related to FL law (must score 75 on exam). You must also execute an IRREVOCABLE CONSENT TO SERVICE
AGREEMENT, which allows lawsuits to be filed against you in the State of Florida.
Alabama, Arkansas, Connecticut, Georgia, Illinois, Mississippi, Nebraska and Rhode Island – A.K.A.
NAR MAGIC.
A non-Florida resident who does not have a real estate license or does not live in one of the mutual
recognition states can apply for a license and must comply with all the pre-licensing requirements
and will have to execute an irrevocable consent to service agreement, as well.
APPLIES TO BOTH SALES ASSOCIATE AND BROKERS:
Brokers and Sales Associates can qualify for an equivalent type license in Florida if they meet the
following qualifications: Must be 18 years of age and hold a high school diploma or its equivalent.
NOTE: There are only two types of real estate licenses in Florida: Broker & Sales Associate. In Florida
you can work as a Broker Associate, which is a hybrid type license that allows an individual who has
passed the broker exam and has met all the requirements to open their own brokerage firm.
KEY: You can get a real estate license even if you are not a Florida Resident or a U.S. citizen
You’re considered to be a resident if you have resided or plan to reside in Florida for 4 calendar
months or have the intent to live more than 4 months.
If you do not complete your post-licensing education your license will be lost and can only be
regained by taking the pre-licensing courses required by law. Upon completion of post-license
continued education you’re required to complete 14-hours continued education. If you do not
complete the required education your license will be placed into involuntary inactive status and can
be held in this status for up to two years. Upon the second year the license will be lost and you must
begin the process all over again.
Within 12 months take your 14-hours continuing education and pay licensing fee plus a late fee.
Starting on the 13 months up to the 24 months you must take 28-hours of continuing education and
pay licensing fee plus a late fee. After 2 years, the license will become null & void if you take no
action.
Florida real estate services consist of the following 8-items A BAR SALE à Advertise, Buy, Appraised,
Rents, Sale, Auction, Lease and Exchange. These Real Estate services require that you have an active
license when you are performing such duties for someone else AND for compensation (actually
received, promised, or expected):
2
1923 Florida Real Estate Law Create
1925 FREC was created to oversee the real estate law
1941 F.S. 475 was enacted
1991 F.S. 475 Part I & II
2005 F.S. 475 Part III & IV
Application with state and Pre-license course completion certificate is good for 2 years.
Can only work real estate for one employer (broker, government agency or owner developer) and
they are the only ones that can compensate you directly.
Remember: Any violation or infraction of law will result in a violation of F.S. 475
SALES ASSOCIATE
63-hours for pre-licensing and 45-hours post-license – 14 hours continuing education – 28 hours for
reactivation – must score 70% on exam
• If you do not take the 45-hour post-license education your license becomes null and void
o Post-license education does not have a state exam only a school exam, which you must score
a 75 out of 100 questions.
• If you fail to timely take all future continued education your license becomes involuntary and
inactive – you cannot remain in this status for more than two years before becoming null and void
• Must complete 14 hours of continued education plus pay a late fee within the 12-months – 28
hours of CE plus pay a late fee within 12-months plus up through the 24-month.
BROKER
72-hours for pre-licensing and 60-hours post-license – 14 hours continuing education – 28 hours for
reactivation – must score 70% on exam
• If you do not take the 60-hour post-license education your license becomes null and void.
o Two 30-hour courses: Management and Advance topics.
o Post-license education does not have a state exam only a school exam, which you must score
a 75 out of 50 questions.
o Note: You can elect to step back down to sale associate and must complete 14-hour continue
education within 6-months.
• If you fail to timely take all future continued education your license becomes involuntary and
inactive – you cannot remain in this status for more than two years before becoming null and void
• Must complete 14 hours of continued education plus pay a late fee within the 12-months – 28
hours of CE plus pay a late fee within 12-months plus up through the 24-month.
Initial license is good for 18 to 24 months à licenses are renewed either on March 31st or September
30th and cannot exceed two years. All sequent license good for 2-years.
1
, Mutual Recognition is granted to non-Florida resident who hold valid real estate licenses from one of
the 8 states that Florida is currently under agreement by taking a 40-question exam, which is solely
related to FL law (must score 75 on exam). You must also execute an IRREVOCABLE CONSENT TO SERVICE
AGREEMENT, which allows lawsuits to be filed against you in the State of Florida.
Alabama, Arkansas, Connecticut, Georgia, Illinois, Mississippi, Nebraska and Rhode Island – A.K.A.
NAR MAGIC.
A non-Florida resident who does not have a real estate license or does not live in one of the mutual
recognition states can apply for a license and must comply with all the pre-licensing requirements
and will have to execute an irrevocable consent to service agreement, as well.
APPLIES TO BOTH SALES ASSOCIATE AND BROKERS:
Brokers and Sales Associates can qualify for an equivalent type license in Florida if they meet the
following qualifications: Must be 18 years of age and hold a high school diploma or its equivalent.
NOTE: There are only two types of real estate licenses in Florida: Broker & Sales Associate. In Florida
you can work as a Broker Associate, which is a hybrid type license that allows an individual who has
passed the broker exam and has met all the requirements to open their own brokerage firm.
KEY: You can get a real estate license even if you are not a Florida Resident or a U.S. citizen
You’re considered to be a resident if you have resided or plan to reside in Florida for 4 calendar
months or have the intent to live more than 4 months.
If you do not complete your post-licensing education your license will be lost and can only be
regained by taking the pre-licensing courses required by law. Upon completion of post-license
continued education you’re required to complete 14-hours continued education. If you do not
complete the required education your license will be placed into involuntary inactive status and can
be held in this status for up to two years. Upon the second year the license will be lost and you must
begin the process all over again.
Within 12 months take your 14-hours continuing education and pay licensing fee plus a late fee.
Starting on the 13 months up to the 24 months you must take 28-hours of continuing education and
pay licensing fee plus a late fee. After 2 years, the license will become null & void if you take no
action.
Florida real estate services consist of the following 8-items A BAR SALE à Advertise, Buy, Appraised,
Rents, Sale, Auction, Lease and Exchange. These Real Estate services require that you have an active
license when you are performing such duties for someone else AND for compensation (actually
received, promised, or expected):
2
