GOLD COAST REAL ESTATE - ACTUAL EXAM
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!!
Farming - When a licensee concentrates on one type of property or
neighborhood
Moratorium - an official waiting period; an authorized period of delay
Leasing - Larger than 12 months
Renting - Up to 12 months
To apply to be a broker a licensed agent must be working actively under a broker
for... - 24 months within a 5 year period
Broker associate - An individual who is qualified to be issued a broker's
license but who operates as a sales associate in the employ of another.
To apply for a Florida real estate license... - One does not need to be a
resident of the state or us citizen.
When doing your background check - One must disclose ANY criminal
history
,Application Denial - If you are denied by the department the applicant will
be notified in writing and will have 21 days from the date of receipt to request a
formal hearing.
A broker can work for how many brokers at once? - One at a time
Licensure and Registration - Individual broker, brokers associates, and sales
associate are licensed and registered while brokerage corps, partnerships, and
branch offices and owner developers are only registered.
Sales associates first renewal - 45 hour post licensing course prior to the
expiration date or it will be voided
Continuing EDUCATION - 14 hour course and if it's not completed within
the renewal period, your license will be involuntarily inactive
Attorney in fact - A person who is granted authority under power of
attorney
Duties of the department (DBPR) - Licensing and regulation of the real
estate profession
Can the DBPR issue an injunction? - NO
, What can the DBPR issue? - Citation, a fine of 5000 per offense, and a
cease and desist
Examination Questions and answers are - Confidential
Executive Power - FREC (Florida Real Estate Commission) and Promulgation
of Publications
DBPR Authority - Reprimand Lowest
5000 per offense
License suspension for 10 years
REVOKED Highest
Involuntary inactive - a license may remain in an involuntary inactive status
for no more than two years.
If your brokers license is suspended, revoked, or void... - Agents under that
broker will automatically have their license become automatically inactive.
Group License - Sales associate or broker associate works for one owner
developer with affiliated organizations
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW!!
Farming - When a licensee concentrates on one type of property or
neighborhood
Moratorium - an official waiting period; an authorized period of delay
Leasing - Larger than 12 months
Renting - Up to 12 months
To apply to be a broker a licensed agent must be working actively under a broker
for... - 24 months within a 5 year period
Broker associate - An individual who is qualified to be issued a broker's
license but who operates as a sales associate in the employ of another.
To apply for a Florida real estate license... - One does not need to be a
resident of the state or us citizen.
When doing your background check - One must disclose ANY criminal
history
,Application Denial - If you are denied by the department the applicant will
be notified in writing and will have 21 days from the date of receipt to request a
formal hearing.
A broker can work for how many brokers at once? - One at a time
Licensure and Registration - Individual broker, brokers associates, and sales
associate are licensed and registered while brokerage corps, partnerships, and
branch offices and owner developers are only registered.
Sales associates first renewal - 45 hour post licensing course prior to the
expiration date or it will be voided
Continuing EDUCATION - 14 hour course and if it's not completed within
the renewal period, your license will be involuntarily inactive
Attorney in fact - A person who is granted authority under power of
attorney
Duties of the department (DBPR) - Licensing and regulation of the real
estate profession
Can the DBPR issue an injunction? - NO
, What can the DBPR issue? - Citation, a fine of 5000 per offense, and a
cease and desist
Examination Questions and answers are - Confidential
Executive Power - FREC (Florida Real Estate Commission) and Promulgation
of Publications
DBPR Authority - Reprimand Lowest
5000 per offense
License suspension for 10 years
REVOKED Highest
Involuntary inactive - a license may remain in an involuntary inactive status
for no more than two years.
If your brokers license is suspended, revoked, or void... - Agents under that
broker will automatically have their license become automatically inactive.
Group License - Sales associate or broker associate works for one owner
developer with affiliated organizations
