FREC Study Guide questions and answers
Identify the information on the Subdivision Plat Map - An engineer's plan for land
use superimposed on a map to be developed .
Distinguish among the three categories of residential construction. - Speculative
(spec) homes- building without buyer in advance of construction, Custom home-
constructs home with a buyer using plans, Tract homes- model homes
Cite the fee waiver for military veterans and their spouses. - The DBPR has the
authority to waive the application, license, and unlicensed activity fees for military
veterans and their spouses who apply for a real estate license within 60 months
after honorable discharged. This fee waiver does not include the examination fee
and finger processing fee.
What criminal history must be disclosed on the real estate license application? -
1)Whether the applicant has ever been convicted or found guilty of a crime, ever
entered a plea of guilty or nolo contendere (no contest) to a crime or is currently
under criminal investigation. 2) Ever done business under any name other than
the name signed on the application.
3) Had a disciplinary action against a license to practice a regulated profession
(including revocation, annulment, suspension, relinquishment, surrender, or
pending investigation against a professional license). 4) Had an application for a
real estate license denied or there is pending proceeding to deny an application.
, FREC Study Guide questions and answers
Know the purpose of requiring applicants to have a U.S. Social Security number. -
To determine whether applicants are in compliance with child support obligations.
Know the experience of requirements necessary to obtain a Florida broker's
license. - Must have held an active real estate license for at least 24 months during
a five-year period proceeding the application to become a Florida real estate
broker.
Name the individuals exempt from licensure under FS 475. - Persons who: sell
cemetery plots, rent lots in a mobile home park , attorneys-at-law in a attorney-
client relationship, certified public accountants, person who has power of attorney
(attorney in fact), owners of time-shares, state-certified and licensed real estate
appraisers who are licensed under 475, Part II, court-appointed individuals,
hotel/motel clerks, federally regulated banks and dealers registered with the
Securities and Exchange Commission(SEC), apartment property
owners/management firms paying finders fee of no more than $50 to a tenant
Identify who appoints and confirms the DBPR secretary. - Appointed by the
governor, confirmed by the state senate
Identify the information on the Subdivision Plat Map - An engineer's plan for land
use superimposed on a map to be developed .
Distinguish among the three categories of residential construction. - Speculative
(spec) homes- building without buyer in advance of construction, Custom home-
constructs home with a buyer using plans, Tract homes- model homes
Cite the fee waiver for military veterans and their spouses. - The DBPR has the
authority to waive the application, license, and unlicensed activity fees for military
veterans and their spouses who apply for a real estate license within 60 months
after honorable discharged. This fee waiver does not include the examination fee
and finger processing fee.
What criminal history must be disclosed on the real estate license application? -
1)Whether the applicant has ever been convicted or found guilty of a crime, ever
entered a plea of guilty or nolo contendere (no contest) to a crime or is currently
under criminal investigation. 2) Ever done business under any name other than
the name signed on the application.
3) Had a disciplinary action against a license to practice a regulated profession
(including revocation, annulment, suspension, relinquishment, surrender, or
pending investigation against a professional license). 4) Had an application for a
real estate license denied or there is pending proceeding to deny an application.
, FREC Study Guide questions and answers
Know the purpose of requiring applicants to have a U.S. Social Security number. -
To determine whether applicants are in compliance with child support obligations.
Know the experience of requirements necessary to obtain a Florida broker's
license. - Must have held an active real estate license for at least 24 months during
a five-year period proceeding the application to become a Florida real estate
broker.
Name the individuals exempt from licensure under FS 475. - Persons who: sell
cemetery plots, rent lots in a mobile home park , attorneys-at-law in a attorney-
client relationship, certified public accountants, person who has power of attorney
(attorney in fact), owners of time-shares, state-certified and licensed real estate
appraisers who are licensed under 475, Part II, court-appointed individuals,
hotel/motel clerks, federally regulated banks and dealers registered with the
Securities and Exchange Commission(SEC), apartment property
owners/management firms paying finders fee of no more than $50 to a tenant
Identify who appoints and confirms the DBPR secretary. - Appointed by the
governor, confirmed by the state senate
