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12 Cards in this Set

  • Front
  • Back
The FREC is administratively part of the
dbpr
the govenor appoints commission members to
4 year terms.
t/f commission members do not receive a salary but they are paid 50 dollars a day and their expenses are paid
true
frec meetings are held how often
once a month
what are the powers and duties of frec?
executive powers, quasi legislative responsibilitites, and quasi judicial responsibilities
is responsible for the enforcement of the professions and related businesses regulated by the dbpr
the division of professions and regulation
the director of the DRE (division of real estate is appointed by the
secretary of the dbpr and is subject to approval by frec
a licensee who has qualified for license status buy who voluntarily chooses not to engage in the real estate business during a given period and requests such a change is place on
voluntary inactive status
if a licensee fails to renew an active or voluntary inactive license before the expiration date, the license reverts automatically to
involuntary inactive status
revocation of a license is
permanent and puts the licensee out of the real estate business
when a license is canceled it becomes
void
sales associates who are no longer employed with the broker of record will be placed on
involuntary inactive status