Flashcards in Chapter 3: Real Estate License Law & Commission Rules (FITB) Deck (15):
1
A quorum to conduct certain duties of the Commission requires ____ members.
four
2
The Commission's ability to impose disciplinary actions against licensees is known as ____ power.
quasi-judicial
3
The rule-making authority of the FREC is called ____ power.
quasi-legislative
4
The FREC is composed of ____ members.
seven
5
To become effective, rules enacted by the FREC must be filed with the ____ ____ ____.
secretary of state
6
Members of the Florida Real Estate Commission may serve no more than ____ consecutive terms.
two
7
Establishing educational requirements of licensees is an example of the exercise of the ____ powers of the Commission.
executive
8
The Real Estate Education and Research Foundation was established by a transfer of ____ from the Real Estate Trust Fund.
$3,000,000
9
To become a broker member of the Florida Real Estate Commission, a broker must have been actively licensed in Florida for a minimum of ____ ____.
2 years
10
The offices of the Division of Real Estate are located in ____.
Orlando
11
The principle office of the DBPR is located in ____.
Tallahassee
12
The Director of the Division of Real Estate is ____ by the ____ of the ____ subject to approval by a majority of the members of the ____.
appointed, secretary, DBPR, FREC
13
A licensee that fails to renew when required to do so will have his or her license placed on ____ ____.
involuntary inactive
14
When a licensee changes employers, he or she should request a ____ with a new employer before performing services of real estate for compensation.
reissue
15