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Bob Hogue Real Estate Unit 2 Questions and Answers
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Bob Hogue Real Estate Unit 2 Questions and Bob Hogue Real Estate Unit 2 Questions and AnswersBob Hogue Real Estate Unit 2 Questions and AnswersBob Hogue Real Estate Unit 2 Questions and AnswersBob Hogue Real Estate Unit 2 Questions and AnswersBob Hogue Real Estate Unit 2 Questions and AnswersBob Ho...

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  • August 27, 2024
  • 16
  • 2024/2025
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  • bob hogue real estate unit 2 questions and answers

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Bob Hogue Real Estate Unit 2 Questions
and Answers




Florida @.Statute @.20. @.Chapter @.20 @.- @.(correct @.answer) @.-*Organizational @.Structure*,
@.establishes @.the @.structure @.of @.the @.executive @.branch @.of @.Florida's @.government. @.The

@.Florida @.Constitution @.provides @.for @.the @.*legislative, @.executive, @.and @.judicial @.branches @.of

@.government*. @.The @.executive @.branch @.executes @.the @.programs @.and @.policies @.adopted @.by

@.the @.Legislature. @.The @.policies @.are @.*implemented @.by* @.the @.departments @.of @.the

@.*executive @.branch*, @.including @.the @.Department @.of @.Business @.and @.Professional @.Regulation

@.(*DBPR*).


Florida @.Statute @.Chapter @.475 @.- @.(correct @.answer) @.-Often @.referred @.to @.as @.*Real @.estate
@.Professional @.Practice @.Act* @.created @.by @.FL @.Legislature @.to @.establish @.the @.legal @.rights @.and

@.responsibilities @.of @.real @.estate @.licensees @.and @.real @.estate @.appraisers.




Chapter @.475 @.is @.divided @.into @.four @.(4) @.parts.

Part @.I @.of @.Chapter @.475: @.- @.(correct @.answer) @.-Pertains @.to @.*Real @.Estate @.Brokerage*



Real @.estate @.licensees @.are @.*responsible* @.for @.*knowing* @.the @.*provisions* @.of @.this
@.chapter. @.The @.Florida @.Real @.Estate @.Commission @.(*FREC*) @.*implements, @.interprets, @.and

@.enforces* @.the @.regulatory @.provisions @.of @.Chapter @.475.


Part @.II @.of @.Chapter @.475 @.- @.(correct @.answer) @.-Pertains @.to @.*Real @.estate @.appraisers*

@.


Sets @.forth @.the @.requirements @.for @.licensed @.and @.certified @.appraisers @.according @.to @.federal
@.statute.


The @.Florida @.Real @.Estate @.Appraisal @.Board @.(*FREAB*) @.- @.(correct @.answer) @.-Regulates
@.*state-certified, @.licensed, @.& @.registered @.trainee @.appraisers*.

,@.A @.state-certified @.or @.licensed @.appraiser @.*must* @.prepare @.an @.appraisal @.that @.involves @.a

@.*federally @.related* @.transaction.




The @.FREAB @.functions @.very @.similarly @.to @.The @.Florida @.Real @.Estate @.Commission @.(FREC).
@.Both @.quasi-judicial @.bodies @.follow @.the @.same @.procedures @.for @.*disciplining @.licensees*.


The @.Florida @.Real @.Estate @.Commission @.(FREC) @.- @.(correct @.answer) @.-The @.Florida @.Legislature
@.created @.this @.organization @.to @.administer @.and @.enforce @.license @.law, @.authority @.to @.keep

@.records, @.conduct @.investigations, @.and @.the @.power @.to @.grant, @.deny, @.suspend, @.and @.revoke

@.licenses.




The @.Florida @.Real @.Estate @.Commission @.(FREC) @.*implements, @.interprets, @.and @.enforces @.the
@.regulatory @.provisions* @.of @.Chapter @.475.


Part @.III @.of @.Chapter @.475 @.- @.(correct @.answer) @.-Pertains @.to @.Commercial @.Real @.Estate
@.*Sales* @.Commission @.Lien @.Act




Gives @.a @.broker @.lien @.rights @.for @.earned @.commission. @.This @.act @.*applies @.only* @.to
@.commercial @.property @.(*not* @.residential @.property). @.The @.lien @.is @.*only* @.against @.the

@.owner's @.net @.proceeds @.(personal @.property) @.from @.the @.sale @.and @.does @.*not* @.attach @.to

@.the @.commercial @.real @.property @.(also @.see @."Liens @.on @.Real @.Property" @.in @.Unit @.5).


Part @.IV @.of @.Chapter @.475 @.- @.(correct @.answer) @.-Pertains @.to @.*The @.Commercial @.Real @.Estate
@.Leasing @.Commission @.Lien @.Act*




Gives @.a @.broker @.lien @.rights @.for @.earned @.commission @.associated @.with @.a @.*brokerage
@.agreement* @.to @.*lease* @.commercial @.real @.estate.


Chapter @.455, @.Florida @.Statute @.- @.(correct @.answer) @.-Pertains @.to @.*Business @.and @.Professional
@.Regulation*




General @.Provisions, @.defines @.the @.general @.legal @.practice @.and @.procedure @.for @.the @.DBPR
@.and @.the @.licensees @.of @.all @.professions @.regulated @.by @.the @.DBPR, @.including @.real @.estate. @.

, *Section @.455.10* @.of @.the @.statute @.provides @.that @.an @.individual @.cannot @.be @.disqualified
@.from @.practicing @.an @.occupation @.or @.profession @.regulated @.by @.the @.State @.of @.Florida @.solely

@.because @.the @.person @.is @.not @.a @.U.S. @.citizen. @.




Another @.section @.of @.this @.statute @.sets @.forth @.laws @.regarding @.Commission @.and @.board
@.organization, @.meetings, @.compensation, @.and @.so @.forth. @.




This @.statute @.also @.concerns @.the @.unlicensed @.practice @.of @.a @.profession, @.including @.real
@.estate. @.Requirements @.concerning @.license @.examinations @.and @.the @.use @.of @.professional

@.testing @.services @.are @.set @.forth @.in @.Chapter @.455. @.




This @.law @.also @.mandates @.what @.actions @.the @.DBPR @.may @.take @.in @.regulating @.licensees.
@.Licensees @.who @.fail @.to @.comply @.with @.the @.provisions @.of @.this @.chapter @.can @.be

@.disciplined @.by @.the @.FREC.


Florida @.Statute @.120 @.- @.(correct @.answer) @.-Pertain @.to @.*The @.Administrative @.Procedure @.Act*



@.Defines @.the @.procedural @.process @.by @.which @.regulatory @.agencies @.decide @.and @.implement

@.agency @.action. @.The @.licensing @.and @.disciplinary @.process @.for @.real @.estate @.licensees.


Chapter @.61J2, @.Florida @.Administrative @.Code @.- @.(correct @.answer) @.-Pertains @.to @.the @.Rules
@.of @.*The @.Florida @.Real @.Estate @.Commission*




It @.is @.a @.set @.of @.administrative @.rules @.developed @.by @.the @.Florida @.Real @.Estate @.Commission
@.(FREC), @.pursuant @.to @.the @.rulemaking @.process @.outlined @.in @.Chapter @.120, @.Florida

@.Statutes. @.




Administrative @.rules @.are @.published @.in @.the @.Florida @.Administrative @.Code @.(FAC).(Appraisal
@.rules @.are @.in @.Chapter @.61J1 @.of @.the @.FAC.)


Governing @.Powers @.- @.(correct @.answer) @.-Chapter @.20, @.Florida @.Statute: @.*Executive @.branch*
@.of @.Florida @.government

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