20. A Georgia broker with extensive experience in ...

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FL REAL ESTATE CHAPTER 2 QUIZ

Question Number 20

20. A Georgia broker with extensive experience in conducting auctions was asked by a local real estate broker to auction a small motel in Jacksonville, Florida. The auction did not result in a sale. The Florida broker paid the Georgia broker for out-of-pocket expenses, but did not pay a commission. Which of the following statements is correct?

(a) The Georgia broker violated the license law.

(b) The Florida broker did not violate the license law.

(c) The Florida broker is not subject to discipline by the Florida Real Estate Commission.

(d) The transaction is perfectly within the license law.

✔ Correct Answer:

(a) The Georgia broker violated the license law.

FL REAL ESTATE CHAPTER 2 QUIZ

Question Number 20

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