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BOB HOGUE UNIT 2 EXAM QUESTIONS AND ANSWERS ALL CORRECT

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BOB HOGUE UNIT 2 EXAM QUESTIONS AND ANSWERS ALL CORRECT

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BOB HOGUE UNIT 2 EXAM QUESTIONS
AND ANSWERS ALL CORRECT

The time period for the DBPR to check for errors and omission is - Answer-30 days

The time period for the DBPR to inform the applicant of approval or denial of the license
application is - Answer-90 days

Mutual recognition agreements - Answer-A transactional agreement between Florida
and another state that provides the two states to recognize each other's real estate
license education

A licensed sales associate who moves from Florida to another state must comply with
nonresident licensee requirements within - Answer-60 days

An applicant is considered to be a Florida resident for licensure purposes if the
applicant has resided in Florida for (blank) consecutive calendar months within the
preceding year - Answer-Four

Mutual recognition applicants must pass a ________question real estate law license
exam with the grade of ______ or higher - Answer-40; 75% (30 pts)
In 1923 Real Estate License Law, Chapter 475 was passed. - Answer-True

Florida Real Estate Commission (FREC) - Answer-created in 1925 to administer and
enforce the license law., authority to keep records, conduct investigations, and the
power to grant, deny, suspend, and revoke licenses.

Division of Real Estate (DRE) - Answer-supports the Commission (FREC). under the
Dept. of Business & Professional Regulation (DBPR)

Florida Statute 20 - Answer-Organizational Structure, executive branch of floridas
government

Florida Statute Chapter 475 Part 1 - Answer-pertains to real estate brokerage, sales
associates, schools

Florida Statute Chapter 475 Part 2 - Answer-pertains to real estate appraisers and sets
forth requirements for licensed and certified appraisers according to federal statute.

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