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| Organizational Structure, establishes the structure of the executive branch of FL's government. |
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Real estate professional practice act.
Establishes legal rights and responsibilities |
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| Pertains to Real estate brokerage |
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| Pertains to real estate appraisers. |
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| the commercial real estate sales commission lien act. |
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| The commercial real estate leasing commission lien act, gives brokers lien rights for earn commissions with brokerage agreement to lease COMMERCIAL real estate. |
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| DBPR and the professionals under the department. |
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| The administrative procedure act |
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| Person who performs real estate services for compensation but who does so under the direction of a broker or an owner developer. |
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| A person who, for another and for compensation or other consideration for real estate services. |
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| A person who holds a broker's license but chooses to register and work in real estate under the direction of another broker. |
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| An unlicensed entity that sells, exchanges, or leases its own property. |
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| U.S. Armed Services that has served active duty |
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| The DBPR is required by law to waive the initial licensing fee for a member of __________. |
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| The process by which the record of a criminal conviction is destroyed or sealed after expiration. |
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| A ___________ period is allowed after receipt of the application to check for errors and omissions and to send the applicant a notice of insufficiency concerning any additional information required. |
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| An applicant must be informed of approval or denial of the application within ____________ after receipt of the last correctly submitted application. |
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| The practice of mutual exchanges of privileges. |
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| Mutual Recognition Agreements |
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| To recognize the education and experience of individuals in another state or nation when the other jurisdiction has education and experience requirements comparable to FL's requirements. |
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| Licensees must complete three of the 14 hours of core law. |
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| If a broker does not complete the 60 hour post licensing requirement, the brokers license becomes ________. |
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Definition
Advertise Real estate services
Buy
Appraise
Rent or provide rental information
Sell
Auction
Lease
Exchange |
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| As anything of value or a valuable consideration, directly or indirectly paid, promised, or expected to be paid or received. |
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| Foreign broker does not violate FL law. |
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Definition
| A florida broker may pay a referral fee to broker licensed in another state so long as the _________________________. |
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| EXEMPTIONS from R.E. License |
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Definition
1.) OWNER
2.)Based on your career
3.) Salaried Employee
4.) Court and legally appointed persons (attorney in fact)
5.) Miscellaneous (mobile home park, cemetery lots) |
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Definition
| Licensees full name and address, Type of license, license NUMBER, Effective date, exp date, name of governor, and DBPR secretary. |
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