Chapter 2: Licence Laws and Qualification

one who is licensed to carry on the business of dealing in real estate

An individual who holds a brokers license but chooses not to register and work under another broker

Buyer beware

A payment

Permission

recognizes the education and experience of individual licensed in another state or nation

applies exclusively to nonresidents

does not apply in florida

Real estate Professional practice act

General Legal Practice and procedure for DBPR. Regulates licensees

FREC Rules.

A person who performs real estate services for compensation but who does so under the direction control or management of a broker

Unlicensed entity that sells, exchanges or leases its own property-- may have multiple licensed

Plea of no contest

stop the imposition of the sentence

License Application expires two years after it is received by DBPR

Agreement between two states that allows a real estate licensee with a valid license in one state to practice in another state

Person who has resided in FL continuously for a period of four calendar months or more within the preceding year

Legal Term used to refer to evidence that is good and sufficient at face value

• A BAR S A L E
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