GOLD COAST EXAM SCRIPT
COMPREHENSIVE STUDY GUIDE
●● 1923:
Answer: Florida enacted first real estate license law. Ineffective because
expensive & time consumption.
●● 1925:
Answer: FREC was created to administer & enforce law.
●● 1941:
Answer: Real estate license law was designated as chapter 475 of
Florida Statutes
●● 1979 & 1982
Answer: FREC was taken out then Reinstated
●● 1988:
Answer: FS 475 was going under modification, while postlicensing
requirements and a program for appraisers was created.
●● 1991:
, Answer: FS 475 Revised by the creation of Part I and Part II. Part I
concerning real estate licenses, Part II concerning appraisers.
●● 1993:
Answer: DPBR (Department of Business and Professional Regulation)
●● 1997-2006:
Answer: Disclosure requirements were revised and modified repeatedly
●● Purpose of Florida Real Estate License Law (FS 475)
Answer: To protect the public; it is a consumer protection agency
●● DPBR (Department of Business and Professional Regulation)
Answer: "the Department:
●● DRE (Division of Real Estate)
Answer: "the Division"
●● Florida Real Estate Commission
Answer: "the Commission"
●● Statuatory Services of Real Estate
COMPREHENSIVE STUDY GUIDE
●● 1923:
Answer: Florida enacted first real estate license law. Ineffective because
expensive & time consumption.
●● 1925:
Answer: FREC was created to administer & enforce law.
●● 1941:
Answer: Real estate license law was designated as chapter 475 of
Florida Statutes
●● 1979 & 1982
Answer: FREC was taken out then Reinstated
●● 1988:
Answer: FS 475 was going under modification, while postlicensing
requirements and a program for appraisers was created.
●● 1991:
, Answer: FS 475 Revised by the creation of Part I and Part II. Part I
concerning real estate licenses, Part II concerning appraisers.
●● 1993:
Answer: DPBR (Department of Business and Professional Regulation)
●● 1997-2006:
Answer: Disclosure requirements were revised and modified repeatedly
●● Purpose of Florida Real Estate License Law (FS 475)
Answer: To protect the public; it is a consumer protection agency
●● DPBR (Department of Business and Professional Regulation)
Answer: "the Department:
●● DRE (Division of Real Estate)
Answer: "the Division"
●● Florida Real Estate Commission
Answer: "the Commission"
●● Statuatory Services of Real Estate
