Unit 3 - Real Estate License Law and Commission Rules Exam Questions And Answers

Unit 3 - Real Estate License Law and Commission Rules Exam Questions And Answers The Commission's authority to regulate and enforce the license law is which type of power? - Correct Answer Executive Which task must a sales associate complete before the expiration of the initial sales associate license? - Correct Answer Complete the 45-hour post-license education course A licensed broker is the broker for two independent real estate brokerages. Which statement applies to this situation? - Correct Answer The broker must request and be issued multiple broker licenses, one for each brokerage company The FREC's power to determine license law violations is an exercise of which type of power? - Correct Answer Quasi-judicial An individual on active duty with the U.S. Navy has what period of time after discharge from active duty to renew a real estate license? - Correct Answer 6 months A brokerage office changes business address. What action must the broker take? - Correct Answer Within 10 days of moving, inform the DBPR in writing of the change in business address A sales associate has held an active real estate license since 2008. The licensee neglected to renew his real estate license before the expiration date in March of this year. Which statement applies to this situation? - Correct Answer The licensee must complete 14 hours of continuing education What is the maximum number of consecutive years a commissioner may serve on the Florida Real Estate Commission? - Correct Answer 8