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Exam (elaborations)
Gold Coast Real Estate: Chapter 2 Test Exam Questions With 100% Verified Solutions
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---4June 20252024/2025A+
- Gold Coast Real Estate: Chapter 2 Test Exam 
Questions With 100% Verified Solutions 
 
Employment by a broker - ANSWER Sales associate can only work under one 
employer at a time 
 
(Exempt from licensure) Attorneys-in-fact - ANSWER Granted authority under power of 
attorney to act for others 
 
(Exempt from licensure) Court appointees - ANSWER Appointed by a court of law to 
perform services of real estate. They may charge fee or salary but no commission. 
 
(Exempt f...
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Exam (elaborations)
Gold Coast Real Estate: Chapter 2 Already Graded A
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---4April 20242023/2024A+
- Gold Coast Real Estate: Chapter 2 Already Graded A 
1919: ️California enacted the first real estate license law 
1923: ️Florida enacted first real estate license law. Ineffective because expensive & time 
consumption. 
1925: ️FREC was created to administer & enforce law. 
1941: ️Real estate license law was designated as chapter 475 of Florida Statutes 
1979 & 1982 ️FREC was taken out then Reinstated 
1988: ️FS 475 was going under modification, while postlicensing requirements ...
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