Chapter 6 Flashcards

0
Q

Second degree misdemeanor include false and misleading advertising is

A

Fine of up to $500 and or 60 days jail

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1
Q

The civil penalty imposed for the unlicensed practice or real estate is

A

Min 500 and max 5000

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2
Q

First degree misdemeanors with rental info violations

A

Fine up to $1000 and or 1 year jail

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3
Q

Third degree felonies- acting as a broker or sales associate

A

Fine up to $5000 and or up to 5 years jail

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4
Q

The balance in the recovery fund is maintained by

A

Fine and fees

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5
Q

An investigator for the department may not express any

A

Personal opinion

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6
Q

The quasi judicial powers begin with the issuance of the

A

Formal complain

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7
Q

The probable cause panel act much like a

A

Grand jury

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8
Q

The range of penalties that may be imposed on a license by the commission for via lotion of law or rules includes

A

Denial, reprimand, fine, probation, suspension and revocation

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9
Q

What can’t FREC deny

A

Commission to a license

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10
Q

Is the minimum penalty for all listed violations

A

Reprimand

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11
Q

District court of appeal issues it. Allows the licensee to continue to practice real estate until the case can be heard on appeal

A

Supersedeas

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12
Q

Suspension?

A

Temporary penalty. Maximum suspension of license is 10 years

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13
Q

Removes the license permanently for misrepresentation, concealment and obtaining license by fraud

A

Revocation

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14
Q

The probable cause is consist of

A

2 members

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15
Q

A license who disagrees with a final order of the FREC am file an appeal within 30 days with the

A

District court of appeal

16
Q

If the appeal reverses the final order of the commission, the district will issue a

A

Writ of mandamus

17
Q

Reimbursement from the recovery fund for a single judgment

A

$50,000

18
Q

If multiple judgements are awarded against license

A

$150,000