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12 Cards in this Set

  • Front
  • Back
a latin term meaning let the buyer beware
caveat emptor
has the authority to keep records, conduct investigations, and the power to grant, deny, suspend, and revoke registrations.
Florida real estate commission (FREC)
often referred to as the real estate professional practice act.
florida statute chapter 475
defines the general legal practice and procedure for the department of business and professional regulation (DBPR) and the licensees of all professions regulated by the DBPR, including real estate.
Florida Statute 455
defines the procedural process by which regulatory agencies decide and implement agency action. licensing and disciplinary process for real estate licensees is outlined in this chapter
florida statute 120
Chapter ------ is the rules of the Florida real estate commission.
61j2
applicants who have completed the required education and passed the license exam are initially licensed as --------------
voluntary inactive sales associates
sales associates must work under the direction of an employer. T?F
True
an individual who holds a broker's license but who chooses to register and work in real estate under the direction of another broker.
broker associate
include any real estate activity involving compensation for performing the service for another
real estate services
What are the eight services of real estate? (A BAR SALE)
advertise real estate services, buy, appraise, rent or provide rental information lists, sell, auction, lease, exchange.
anyone who performs any of the real estate services for another person for compensation must be
licensed