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