If you fail state exam you can retake it how many times

28 Hour Reactivation Unit 1 Flashcards Part II of 475Pertains to appraisers. Quasi judicial FL Statue 20 Chapter 20Establishes the structure of the executive branch of Florida's government If you fail state exam you can retake it how many times without repeating the course 1 Florida ResidentReside in FL continuously for 4 months of more within the preceding year Examinees who qualify under mutual recognition must pass a Florida specific real estate law examination consisting of 40 questions.True Nonresident ApplicantsProof of US Citizenship not required, must have SSN, and do not have to be residents of FL.Sales associate applicant mustBe 18 years of age or olderHave a high school diploma or equivalentPossess a SSNBe honest, truthful of good characterBe competent and qualified A person appointed by a court of law to sell real estate must be a licensed real estate broker False Florida Statue Ch 475Established legal rights and responsibilities of real estate licensees and appraisers FL Statue 120The Administrative Procedure Act defines the procedural process by which regulatory agencies decide and implement agency action. The licensing and disciplinary process for real estate licensees is outlined in this chapter.Persons who rent lots in a mobile home park MUST hold a real estate license.False Failure to complete the post licensing education requirement before the licensees first renewal date will cause the initial license to be null and void True For licensing purposes a resident of Florida is defined as a person who has resided in Florida for what period of time Four months Nolo contendereNo contest Part 4 of 475Real estate leading lien act CPANot exempt if employed by a real estate corporation and received a salary plus bonus based on sales What is the fine for a licensee who is a nonresident if they fail to notify the FREC of their change on residency?$300 Who is exempt from a real estate license? Salaried employeesProperty owners and their own real estatePartner who received 40% or less of profits Broker experience requirementsActive real estate license for 24 months during the preceding 5 yearsCould be employed under a Florida real estate broker, a broker licensed on another state or in any

foreign jurisdiction Sales associateA person who performs real estate services for compensation but who does so under the direction, control

or management of a broker or an owner-developer.

Chapter 61J12Rules of FREC FL real estate licensee moves out of state. Required to notify FREC in how many days?60 Broker applicants are required to fulfill an experience requirement of at least 24 months of real estate experience during the preceding 5 years True An individual who received a four year degree in real estate from a state university is NOT exempt from which license requirement A state license exam What is the passing score on the state license exam?75 BrokerA person who for another and for compensation or other consideration performs real estate services Licensees who have received a four year degree in real estate are exempt from the 14 hour ce requirement False Broker AssociateA person who holds a broker's license but chooses to register and work in real estate under the direction of another broker.A sales associate when completing an application for licensure must disclosev Regardless of adjudication, whether the applicant had ever been convicted or found guilty of a crime had ever entered a plea of guilty or nolo contendere to a crime or is under investigationWhether the applicant has ever done business under any nameWhether in Florida or any other state the applicant has had disciplinary actionWhether in Florida or any other state an application had been denied Chapter 455Legal practice and procedure for DPR What are real estate services that require a license?Advertise real estate servicesBuyAppraise non federal transactionsRent or provide rent information or listsSellAuctionLeaseExchange An attorney who is an active member of the Florida Bar is exempt from the sales associate prelicense course True Applicants who at one time plead no contest to a crime are required to disclose the case on the license application True Social Security NumberRequired to apply for a real estate license Is US citizenship required to become licensed in FLNo An applicant is NOT required to disclose a prior criminal conviction of adjudication is withheld False A person who has earned a two year associates degree in real estate from an accredited institution is exempt from the pre license course False A person who holds a four year degree or higher in real estate from an accredited institution is exempt from the FREC course II True In how many days must a licensee notify FREC of a change on their mailing address?10