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