module 2

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Author:
402ari6361
ID:
88307
Filename:
module 2
Updated:
2011-05-29 16:10:28
Tags:
real estate
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module 2
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  1. The ____ _______ _____ _____ is often simply referred to as F.S. 475 or Chapter 475, F.S.
    REAL ESTATE LICENSE LAW
  2. Applicants for a sales associate license must also disclose if they were convicted of a crime or ever entered a plea of _________ ____________.
    NOLO CONTENDERE
  3. Prior to taking the State examination for a sales associate's license, an applicant must successfully complete the State-required sales associate ___- hour education course.
    63
  4. An applicant must be of legal age, be mentally competent, and possess ___ _____ _____ ___ ___.
    HIGH SCHOOL DIPLOMA OR EQUAL
  5. The purpose of the license law is ____ _____ ______ _____ and ensure the minimal competence of real estate practitioners.
    TO PROTECT THE PUBLIC
  6. A real estate broker must complete a(n) ______ hour post license education course or courses prior to the first renewal following initial licensure.
    60
  7. __________ ___________ allows the Florida Real Estate Commission to enter into written agreements with similar licensing authorities.
    MUTUAL RECOGNITION
  8. A(n) __________ _______ marketplace continues to suggest that real estate licensees need to be regulated.
    CAVEAT EMPTOR
  9. Placing the name and business address of the licensee on file with the Division of Real Estate is called _______.
    REGISTRATION
  10. Attorneys-in-fact are exempt only when executing (signing) legal documents, contracts, deeds, or conveyances for another as may be authorized by their _______ ___ ________.
    POWER OF ATTORNEY
  11. After the first renewal and for all subsequent renewal periods, brokers have the same ______ ______ of continuing education requirement as sales associates.
    14 HOURS
  12. The ________ _____ _______ ________ administers and enforces licensing law.
    FLORIDA REAL ESTATE COMMISSION
  13. The applicant does not have to be a(n) ________ ______.
    FLORIDA RESIDENT
  14. When a current and valid license is in the possession of the licensee, it is _______ _______ _______ that the holder is licensed and entitled by law to the rights and privileges of that type of license.
    PRIMA FACIE EVIDENCE
  15. A license is written instrument issued by the ______ ____ ______ _______ _______ _______ certifying the licensee is or was duly licensed and in good stranding for the licensee is or was duly licensed and in good standing for the license period indicated.
    Department of Professional and Business Regulation

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