Powers of The Department
The Department does not have power to issues injunctions against unlicensed persons but may seek what?
An injunction from the courts for failure to follow a Department order.
The Department also has power to issues a cease-and-desist order against an unlicensed person for violation of rule or law under its administration.
Powers of the Commission
How may the executive powers be exercised?
By the chairperson acting alone or delegates by quorum vote to any other Commission member
Disciplinary Authority of the Commission
How may a licensee who is found guilty of a violation of F. S. 475 or any rule enacted under the Commission be disciplined?
- Issued a reprimand or administrative fine up to $5,000 per offense
- Be placed on probation or
- Have license suspended for up to 10 years or permanently revoked
A licensee must renew by completing the post licensing requirements prior to expiration of initial license. Failure to do so will result in what?
A null and void license status
What status will a license be placed if the licensee fails to renew his license prior to the expiration in other than the initial license period?
How long can a license be in an involuntary inactive status?
Void and Ineffective License
What happens to all persons employed by a broker if the broker’s license is suspended, revoked, or otherwise void or ineffective?
Their license will be automatically inactive
Describe a group license
A single license obtained by sales associate or broker associate who works for one owner-developer with affiliated organizations which provides real estate services in different geographical areas
True or False
A broker cannot be issued additional licenses in two or more capacities simply by requesting multiple licenses
A broker CAN be issued additional licenses in two or more capacities by requesting multiple licenses.