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3-Real Estate License Law and Commission Rules Flashcards Licensees that are members of the armed forces have all renewal fees, dues, continuing education, and other requirements waived during military service for how long?
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FREC holds a meeting in order to pass a new rule. Which power did the Commission exercise?Quasi-legislative power Katy's license expired on September 30th. What is the status of her license on October 1, if she fails to meet renewal requirements?Involuntary inactive How long will a real estate license that has been involuntarily inactive for, automatically expire, or be classed as null and void?
A main duty of the real estate commission is to? Administer state licensing requirements Which statement is correct as per licensing law and regulations?The commission are not permitted to impose imprisonment as a penalty, but can refer a case to a criminal court, where the outcome can be imprisonment.Within how many days must a licensee inform the FREC of their change of business address?10 What is the maximum duration a Commission member is allowed to serve, as per Florida Statute?Two consecutive four-year terms What is the requirement of state statute, in order for the Commission to action a proposal?There must be a majority vote of 4 Commission members All of the following are powers and duties of the Florida Real Estate Commission except?passing laws to regulate the transfer of property Which of the following statements are correct? A real estate broker may be issued multiple licenses under certain circumstances When a sales associate's employing broker changes his or her address. What happens to the license status?Ceases to be in force Which of the following is a correct statement about group real estate licenses in Florida?Only sales or broker associates, employed by a owner developer can receive a group license Which of the statements is correct regarding membership on the Probable Cause Panel? a. One member must be a current member of the FREC, c. One member may be a previous Commission member.a and c but not b Which of the following duties is part of the Commissions quasi-judicial responsibilities?Determining if a violation has occurred
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