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Florida Real Estate State Exam Prep 2024 Questions With Solutions Latest Updated Rated 100% $12.49   Add to cart

Exam (elaborations)

Florida Real Estate State Exam Prep 2024 Questions With Solutions Latest Updated Rated 100%

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  • Course
  • Florida Real Estate
  • Institution
  • Florida Real Estate

Florida Real Estate State Exam Prep 2024 Questions With Solutions Latest Updated Rated 100%

Preview 3 out of 29  pages

  • August 22, 2024
  • 29
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Florida Real Estate
  • Florida Real Estate
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Florida Real Estate State Exam Prep.pdf file:///C:/Users/HP/Desktop/NIW/Florida%20Real%20Estate%20St




Florida Real Estate State Exam Prep


1. Joint Ventures

ANS is a temporary form of business arrangement often encounteredin real estate business.

2. Trade Names

ANS is a business name other than the legal name of the person doingbusiness. The letters T/A

are used to indicate "trading as."

3. Chapter 120, F.S.

ANS Administrative Procedures Act

4. Chapter 455, F.S.

ANS Regulation of Professional and Occupations

5. Chapter 28, Sections 101-110

ANS Division of Administrative Hearings (DOAHRules), Florida Administrative Code

(F.A.C.)

6. Chapter 61J2

ANS Florida Real Estate Commission, Fl Administrative Code (F.A.C.)

7. Recovery Fund





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ANS Claim must be paid with in 2 yrs.Max payment $50,000

(single transaction)

Max payment on multiple $150,000

Punitive Damages and Interest CANNOT be reimbursed from fund

8. Accumulation of the Recovery Fund

ANS total of $1 million is the limit for fund atany one time.

Accumulated by charging Licensees a Recovery Fund Fee when a new lic is issued or renewed.

Fines imposed by FREC and collected by DBPR. Collection stops whenlimit is reached and restarts

when amount drops below $500k. At that time, a fee of

$3.50 per yr. for brokers and $1.50 per year for sales Assoc. is added to Lic fee.

9. Civil Rights Act of 1964 (Titles II and III)

ANS ended racial segregation in schools,the work place, and public accommodations.

10. Civil Rights Act of 1968 The Fair Housing Act

ANS Prohibits discrimination on the basis of Race, Color, Religion, Sex and National Origin

when selling or rentingresidential property.

11. 7 Protected Classes (FRSH CRN aka Fresh Corn)

ANS RaceColor

Religion





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Sex

Handicap Status (mental or physical)

Familial Status (18 or younger or Pregnant Women)National

Origin

12. Blockbusting

ANS Use the entry, or rumor of the entry, of a protected class into theneighborhood to persuade

owners to sell

13. Steering

ANS Channel Home seekers to or away from a particular neighborhoodbecause they are

members of a protected class

14. Redlining

ANS Deny loans or insurance coverage by a lender or insurer that pre-sents different terms or

conditions for homes in certain neighborhoods

15. Americans with Disabilities Act of 1990

ANS removes barriers that prevent qual-ified individuals with disabilities from enjoying the

same opportunities that are









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