Section 3 Review

Question 1

The Secretary of the DBPR is also what?

Answer 1

The Chief Administrator of the DBPR

Question 2

Who appoints the Secretary of the DBPR?

Answer 2

The Governor of Florida

Question 3

After the Governor appoints the Secretary of the DBPR who must confirm the Secretary?

Answer 3

FL State Senate

Question 4

Who does the Secretary of the DBPR appoint?

Answer 4

the Director for the Division of Real Estate.

Question 5

After the Secretary of the DBPR appoints the Director of the Division of Real Estate who must confirm the Director?

Answer 5

Florida Real Estate Commission

Question 6

The DBPR is responsible for investigating what?

Answer 6

consumer complaints, issue subpoenas upon conducting an investigation, issue cease and desist orders, and issue citations

Question 7

After investigating complaints the DBPR does what?

Answer 7

issues subpoenas if necessary, issue cease and desist orders, and issue citations

Question 8

What does active status mean when pertaining to RE license?

Answer 8

licensee has fulfilled all requirements and may practice real estate

Question 9

What does inactive status mean when pertaining to RE license?

Answer 9

there is a license in place, but the licensee may not practice real estate

Question 10

What does Involuntary inactive status mean when pertaining to RE license?

Answer 10

licensee fails to fulfill the renewal requirements

Question 11

What does current status mean when pertaining to RE license?

Answer 11

indicates that all requirements have been completed and the license has not expired

Question 12

Licenses are renewed during one of two dates what are they?

Answer 12

March 31st or September 30th

Question 13

How often do licenses need to be renewed?

Answer 13

every two years after the first renewal

Question 14

What happens when an employing broker has their license suspended or revoked?

Answer 14

licenses of all sales and broker associates under the broker are automatically placed in involuntary inactive status.

Question 15

What happens when the commission mistakenly approved a license?

Answer 15

The license will be canceled

Question 16

Falsifying an application with the state is considered what kind of crime?

Answer 16

Felony of the 3rd degree

Question 17

The DBPR may issue a real estate license to a spouse of an active duty member assigned to duty in Florida under what conditions?

Answer 17

That spouse has a valid real estate license in another state.

Question 18

Multiple licenses are issued to who under what conditions?

Answer 18

a broker who qualifies as the broker for more than one business entity or brokerage.

Question 19

what is the purpose of a group license?

Answer 19

so a sales associate or broker associate may sell for all entities owned by the owner/developer.

Question 20

What does the Division of Real Estate do for FREC?

Answer 20

provides ministerial and administrative support

Question 21

FREC established under F.S _____ to do what?

Answer 21

475

Regulate Real Estate

Question 22

FREC members serve __ year terms? and may serve ___ consecutive terms?

Answer 22

4

2

Question 23

No more than ___ FREC members’ terms can expire in the same yr?

Answer 23

2

Question 24

The powers of FREC can be divided into what three types of powers?

Answer 24

Executive, Quasi-legislative, and Quasi-judicial.

Question 25

What are FREC's specific powers and duties?

Answer 25

``` Make determinations of violations Regulate professional practices Create and pass rules and regulations Establish fees Grant and deny applications for licensure Suspend or revoke licenses and impose fines Adopt a seal Foster education ```

Question 26

Executive Powers of FREC include?

Answer 26

Regulate and enforce license law, Foster education, Adopt a seal, and Establish fees.

Question 27

Quasi-legislative powers of FREC include?

Answer 27

Create and pass rules and regulations and Regulate professional practices.

Question 28

Quasi-judicial Powers of FREC include?

Answer 28

Grant or deny applications, Suspend or revoke licenses and issue administrative fines, and Make determinations of violations.

Question 29

How do licensees remain in an active license status?

Answer 29

by following prescribed renewal continuing education and renewal fees in a timely manner.

Question 30

How does a license become Inactive?

Answer 30

license can be either voluntary or involuntary. Involuntary arises by not following prescribed renewal requirements, or other timeline requirements (notice of change of address, etc.)

Question 31

How does a license become canceled?

Answer 31

when the commission mistakenly approved a license.

Question 32

How does a license cease to be in force?

Answer 32

whenever a broker changes their business address and fails to notify the department of the change. Per Florida Statutes 475.23, the licensee must notify the department of address changes within 10 days after the change.

Question 33

How do licensees remain in a current license status?

Answer 33

by ensuring all requirements have been completed and the license has not expired.

Question 34

What is the purpose of a group license?

Answer 34

for an owner/developer who owns properties through various entities, but all entities are connected so that such ownership or control is by the same individual. A sales associate or broker associate may have a "group license" in order to sell for all the entities owned by the owner/developer.

Question 35

What is the purpose of Multiple Licenses?

Answer 35

issued to a broker who is the broker for more than one brokerage. A separate broker license must be obtained. For each business/brokerage

Question 36

What is the voluntarily inactive status?

Answer 36

An inactive status by choice and request of the licensee. a licensee who would like to retain the license but is not currently working in real estate. licensee is still required to pay all renewal fees and complete post-license education and/or continuing education and renewal requirements.

Question 37

How long does a licensee have to notify DBPR of a change of address?

Answer 37

the licensee must notify the department of address changes within 10 days after the change