Chapter 6: Violations of License Law: Penalties & Procedures (FITB) Flashcards Preview

Real Estate > Chapter 6: Violations of License Law: Penalties & Procedures (FITB) > Flashcards

Flashcards in Chapter 6: Violations of License Law: Penalties & Procedures (FITB) Deck (15):
1

A licensee who disagrees with a final order of the FREC may ____ ____ ____ within ____ days with the ____ ____ ____ ____.

• file an appeal
• 30 days
• District Court of Appeals

2

The maximum amount that can be paid from the Real Estate Recovery Fund based on the actions of a licensee is ____.

$150,000

3

Formal hearings are conducted before an ____ ____ ____ who is appointed by the ____.

administrative law judge, DOAH

4

An investigator for the Department may not express any ____ ____ concerning the investigation.

personal opinions

5

The balance in the Recovery Fund is maintained by ____ and ____ paid by licensees.

fines and fees

6

The criminal penalty for violation of F.S. 475 is typically a fine of up to ____ and/or imprisonment for no more than ____ ____.

$500, 60 days

7

The criminal penalty for a first-degree misdemeanor is a fine of up to ____ and/or imprisonment for no more than ____ ____.

$1000, 1 year

8

A criminal penalty can be obtained against an unlicensed person for violation of F.S. 475 in the amount not less than ____ nor more than ____ per offense.

$500, $5000

9

The operation of the Probable Cause Panel is an exercise of the ____ ____ of the FREC.

executive powers

10

The quasi-judicial powers begin with the issuance of the ____ ____.

formal complaint

11

The Probable Cause Panel acts much like a ____ ____.

grand jury

12

Citations issued by ____ assigned by the Division of Real Estate must be paid within ____ days after becoming a final order.

investigators, 30

13

The violation sited in a Notice of Noncompliance must be corrected within ____ days.

15

14

The FREC can enforce repayment of money paid from the Real Estate Recovery Fund by obtaining an ____ from the holder of the judgment.

assignment

15

A licensee that has had a payment made from the Real Estate Recovery Fund as a result of his or her actions will have his or her license ____ until the money is ____ plus ____.

suspended, repaid plus interest

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