Module 3

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Author:
402ari6361
ID:
88310
Filename:
Module 3
Updated:
2011-05-29 16:23:58
Tags:
real estate
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Description:
module 3
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  1. A real estate license is issued by the _______ ___ _____ _____ _____ _______.
    Department of Business and Professional Regulation
  2. Licenses are issued for a period of up to ______ years.
    2
  3. Licenses expire on either ________ ______ or _______ _____.
    MARCH 31 OR SEPTEMBER 30
  4. The effective date of an initial issue license is _____ _____ ____ _____ _____ ______ _____ _____.
    THE DATE OF NOTIFICATION REGARDING PASSING STATE EXAMINATION
  5. The effective date of a renewal issue license is ______ _______ ______ ______ ______ ______.
    THE BEGINNING OF NEW LICENSE PERIOD
  6. The effective date of a reissue license is _____ _____ _____ ______ _____ ______.
    THE DATE RECIEVED BY THE DBPR
  7. A broker associate who desires to be inactive would request a(n) ______ _______ ______.
    INACTIVE BROKER STATUS
  8. An active broker may be issued ________ licenses in more than one capacity only if it is clearly shown that such additional licenses are necessary to the conduct of legitimate business.
    MULTIPLE
  9. A license is _______ after expiration or when revoked.
    VOID
  10. Rules and other quasi-legislative matters may be conducted only by a(n) ________ ________ of the FREC.
    QUORUM VOTE
  11. FREC rules do not become effecive until they are filed with ___ _____ _____ _____.
    THE SECRETARY OF STATE
  12. The _________ is used to authenticate the proceedings, records, and acts of the FREC.
    SEAL
  13. A voluntarily inactive licensee may remain in that status ____________.
    INDEFINITELY
  14. An involuntarily inactive licensee may remain in that status for _______ years.
    2
  15. Only a(n) _______ _______ may obtain a multiple license.
    ACTIVE BROKER
  16. After initial renewal, licensees must complete at least ______- hours of FREC-approved continuing education.
    14

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