Chapter 5- office inspections, disciplinary process and real estate

Chapter 5- office inspections, disciplinary process and real estate recovery fund Flashcards What is the time limit for a complaint to be filed?5 years The Secretary of the DBPR has issued a summary suspension against Broker Bob. What was Bob doing that would warrant such a suspension?Bob was spending all of the money in his trust accounts to finance his new boat.In the case of minor infractions of the rules by a broker, the

Department can may issue all of the following EXCEPT:

A suspension of license.The Probable Cause panel is empowered when the investigation of the Department identifies a license law violation. What is the position of the Probable Cause Panel in this action?The probable Cause Panel will act as a grand jury to determine if there is probable cause that a violation occurred.If Joe violated a rule under a portion of Chapter 475.25(1)(i) F.S. and this is his first offense. What is the recommended period of time of punishment that he could receive under the Standards of Practice guidelines set forth in 61J2-24?$250 to $1,000 administrative fine and 30-day suspension to revocation When an informal hearing is held and the respondent disagrees with one of the charges, what is the next step in the process?The case will be sent on to an administrative law judge to hear.Jerry was arrested for drunk driving and pled "nolo contendere" to the charge. What MUST Jerry do?Report the pleading to FREC within 30 days The Department receives an unsigned complaint. What is the Department empowered to do?Investigate the complaint if the Department wishes.A broker was sued in a civil action following an earnest money dispute that the broker had reported to the FREC.The broker had received an Earnest Money Disbursement Order from the FREC. The court awarded damages of $15,000 to the defendant against the broker. The broker paid the damages and requested reimbursement from the Real Estate Recovery Fund. Which of the following statements is true?Because the FREC issued the Earnest Escrow Money Disbursement order, the broker is entitled to repayment up to $50,000 and any court/attorney fees which may have been charged to defend their case.Sandy applied for a nurse's license and was issued a real estate license by mistake. What is the state's remedy for such a mistake?Sandy's real estate license will be revoked without prejudice.The administrative law judge has issued a Recommended Order. How many days the FREC have to accept, deny or change the Recommended Order?90 days The Department has the authority to investigate complaints from others and investigate its own complaints. The Department has the power to seek records and to seek witnesses. The Department has subpoena powers. What best describes subpoena powers?The ability (quasi judicial) to require a person to appear before the courts to give testimony.