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11 Cards in this Set
- Front
- Back
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Who holds the power to grant, deny, suspend and revoke real estate licenses? |
FREC - Florida Real Estate Commission |
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The statute that establishes the structure of the executive branch of Florida's government. The policies are implemented by the department of the executive branch including the DBPR. |
Florida Statute 20 |
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This law was created by the Florida Legislature to establish the legal rights and responsibilities of real estate licensees and appraisers. |
Florida Statute Chapter 475 |
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Who implements, interprets and enforces the regulatory provisions of Florida Statute Chapter 475? |
The FREC |
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Who regulates state-certified, licensed and registered trainee appraisers? |
FREAB - Florida Real Estate Appraisal Board |
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Name the 4 parts that Chapter 475 is divided into. |
1. Real Estate Brokerage
2. Appraisers
3. Commercial Real Estate sales commission Lien Act
4. Commercial Real Estate Leasing Commission Lien Act |
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This chapter defines the general legal practice and procedure for the DBPR and the licensees of all professions regulated by the DBPR, including real estate. |
455 |
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This section of Chapter 455 provides that an individual cannot be disqualified from practicing an occupation or profession solely because they aren't a U.S. Citizen. |
455.10 |
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This section authorizes the commission to discipline a real estate licensee who has failed to notify the DBPR within 30 days of a conviction, finding of guilt, please or adjudication of a crime, regardless of where the event occurred. |
455.277 |
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The Administrative Procedure Act defines the procedural process by which regulatory agencies. This statute outlines the licensing and disciplinary process for real estate licensees. |
Florida Statute 120 |
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The rules of FREC |
Chapter 61J2, Florida Administrative Code |
