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BOB HOGUE UNIT #3 ASSESSMENT TEST QUESTIONS AND ANSWERS

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BOB HOGUE UNIT #3 ASSESSMENT TEST QUESTIONS AND ANSWERS

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  • August 21, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BOB HOGUE
  • BOB HOGUE
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BOB HOGUE UNIT #3 ASSESSMENT
TEST QUESTIONS AND ANSWERS
DBPR - Answer-Department of Business and Professional Regulation, agency charged
with licensing and regulating business and professionals in Florida. Under executive
branch of the Governor, confirmed by state senate.

Active License - Answer-A current, valid license registered with the DBPR. The status
required to actively engage in the real estate business.

Cancel - Answer-A license ceases to exist, effective as of the date approved by the
Commission, and does not involve disciplinary action.

Cease to be in force - Answer-A licensee cannot perform real estate services because
certain events occur, such as when a broker changes business address.

Current mailing address - Answer-The residential address a licensee uses to receive
mail through the U.S. Postal Service.

Current status - Answer-Indicates a licensee is up to date with respect to the DBPR's
licensure requirements.

Executive - Answer-Duties related to the education of licensees, the regulating of
professional practice, and the publishing of materials.

Group license - Answer-A right granted a sales associate or broker associate to work
various properties owned by affiliated entities under one owner developer.

Involuntary inactive - Answer-The license status that results when a license is not
renewed at the end of the license period.

Ministerial duties - Answer-The duties of the Division of Real Estate that involve
recordkeeping.

null and void - Answer-The license status when a sales associate has failed to
successfully complete post license education prior to the first renewal of the license or
when a licensee has failed to renew two or more renewal cycles; the license status has
been involuntary inactive for more than 24 months.

Probation - Answer-An administrative penalty imposed by the FREC that allows the
licensee to continue to practice real estate under the guidance of the FREC for a period
of time while completing conditions specified by the FREC.

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