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8 Cards in this Set
- Front
- Back
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Denial
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Refusing a license application or refusal to renew a license
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Letter of reprimand
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A letter that is placed in the licensee’s file describing a minor incidence of misconduct that resulted in no disciplinary action (also called a letter of guidance).
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Notice of noncompliance
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A warning for a minor violation (an initial offense only) that allows a licensee 15 days to correct the minor infraction without consequence (nonresponse could result in disciplinary action).
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Citation
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Concerns violations that are of no substantial threat to the public involving a fine that currently ranges from $100 to $500.
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Probation
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Allows the licensee to continue to practice real estate under the guidance of the FREC for a period of time while completing conditions specified by the FREC such as to complete education courses, attend FREC meetings, and satisfy all of the terms of the penalty.
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Fine
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May be up to $5000 for each violation of Chapter 455 and Chapter 475.
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Suspension of a license
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Can be up to 10 years.
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Revocation
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Permanent; FREC puts you out of the real estate business.
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