FL Real Estate Associate Exam 2024 with 100% correct answers

Agency relationship in Florida with the fewest duties/obligations: - correct answers -Non-representation broker If Jackson has no fiduciary duty and offers no representation whatsoever to the buyer or the seller in a transaction, Jackson is a: - correct answers -Non-representation broker Entity that determines and issues the final order in a disciplinary case constituting the finale agency action? - correct answers -FREC Circumstance when broker serving as an intermediary can collect from both buyer/seller - correct answers -Both parties give consent Advertisements that are deemed false, deceptive, or misleading, could cause the broker to be punished by - correct answers -Suspended license, admin. fine up to $5k, disciplinary action (regardless of who posted it) Security deposits and advance rents may be desposited - correct answers -anywhere with the posting of a surety bond FREC regulates - correct answers -Real estate licensees A sales-associate receives an earnest money check from his buyer on Thursday; he must turn the check over to his broker: - correct answers -End of day Friday DRE only investigates complaints that are: - correct answers -written and signed Body that investigates complaints: - correct answers -DRE If a licensee disputes the alleged facts that are made in an administrative complaint (also known as a formal complaint), - correct answers -the case must be heard by an administrative law judge in a formal hearing. Real Estate Recovery Fund funded with: - correct answers -payment from licensee applicants, admin fines imposed by FREC, renewal fees