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12 Cards in this Set

  • Front
  • Back
A license ceases to exist, effective as of the date approved by the Commission, and does not involve disciplinary action.
Duties relatedto the education of licensees, the regulating of professional practices, and the publishing of materials
FREC Executive Power
A right granted a sales associate or broker associate to work various properties owned by affiliated entities under one owner developer.
Group License
Status of a license when it is inactive or has been suspended.
The license status that results when a license is not renewed at the end of a license period.
Involuntary Inactive
Licenses held by a broker in two or more real estate brokerage firms.
Multiple Licenses
Requiring no further proof;acceptable on the face of.
Prima facie evidence
The formal act of announcing a statute or an administrative rule. To publishand officially announce a new amended rule or statute.
Powers delegated to the FREC to dicipline real estate licensees for violations of real estate license law and FREC administrative rules
Powers delegated to the FREC to enact rules and regulations, decide questions of practice, and validate records.
Invalid; without force; no longer effective.
The license status that results when a licensee has met all of the requirements for licensure, yet the licensee chooses not to engage in the real estate business, and has requested his or her license be placed in this status.
Voluntary Inactive