Study sets, textbooks, questions
Upgrade to remove ads
Unit 2 real estate
Terms in this set (30)
How long must you live in FL to be considered a resident?
What 8 things are included on your real estate license?
- Type of license
- License #
- Governors name
- Expiration Date
- Date given
- DBPR secretary name
What is a mutual recognition agreement?
When someone is recognized as experience/licensed in another state/nation when the requirements are comparable
An unlicensed entity that sells, exchanges, or leases its own property.
What is Reciprocity & can you do it in FL?
One state allows you to practice in another - NO
What happens when you withhold adjudication
It gives a defendant the chance to redeem themseleves
When was the FL real estate commission created?
FREC (FL real estate commission)
Keeps records, grants/deny/or suspends license & conducts investigations
When did FL pass real estate license law Chapter 475
What department is DRE under and what do they do?
Under DBPR & they provide services to the FREC
What is chapter 20 FL statue?
Executive Branch of FL government
What is chapter 475 Part 1 FL Statue?
Real estate brokers, sale associates and schools
What is chapter 455 FL statue?
Dept of business and professional regulation (DBPR)
What is chapter 120 in FL statue?
The process for all government entities authorized under FL constitution
What is Chapter 61j2 Fl Administrative Code?
Fl real estate commission rules
What is the occupational opportunity Act?
It provides reciprocity to active/on duty armed force members including spouses in real estate field
Are you required to take pre courses for real estate if you qualify for mutual recognition?
Are you required to take final exam test for real estate if you qualify for mutual recognition?
Is a attorney exempt for pre license course 1?
Is a attorney exempt for pre license course 2?
Is a attorney exempt for post license?
Is a attorney exempt from continuing education?
Is a 4 yr real estate degree exempt from continuing education?
Is a 4 yr real estate degree exempt from pre license course 1?
Is a 4 yr real estate degree exempt from pre license course 2?
Is a 4 yr real estate degree exempt from post license course?
How long is your post license course?
How long is continuing education courses and when do you take continuing education courses?
14 hours (every 2 yrs after ur post license course is complete)
What is required to be taught in continuing education courses & how many hours is it required to be taught?
- 3 hours must be about core law
- 3 hours must be about business ethics
What are the real estate services?
R- Rent/provide rental info
Sets with similar terms
Real estate chapter 2
FL REAL ESTATE CHAPTER 2
Kentucky State Exam
Other sets by this creator
Play deal Carmen trip
Unit 19 Real Estate
Unit 18 Real estate
Unit 17 Real Estate
Other Quizlet sets
Prob and Stats Chapter 7 and 8 Vocabulary
Nervous System - Quiz
Infectious Diseases - 25 - Cutaneous mycoses
Perception - PSYC 224