Florida real estate exam chapter 5 Questions And Answers Latest Updates
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Course
Florida real estate
Institution
Florida Real Estate
Fax solicitations - ️️FCC rules mandate that it is unlawful
To send unsolicited advertisements to a residential or business fax machine without the
recipients prior express invitation or permission.
Commingle funds - ️️Illegal practice of mixing a buyers, sellers, tenants, or
landlords ...
Florida real estate exam chapter 5
Fax solicitations - ✔️✔️FCC rules mandate that it is unlawful
To send unsolicited advertisements to a residential or business fax machine without the
recipients prior express invitation or permission.
Commingle funds - ✔️✔️Illegal practice of mixing a buyers, sellers, tenants, or
landlords funds with the brokers own money or of mixing escrow with the brokers
personal funds or brokerage funds.o
Branch offices - ✔️✔️If a broker desires to conduct business from additional locations,
the broker must register each additional location as a branch office and pay the
appropriate registration fees. Registrations issued to branch offices are not transferable.
Office signs - ✔️✔️Active RE brokers must display an official sign on either the exterior
or interior of the entrance to their principal office and all branch offices.
Must contain:
1. Trade name ( If one is used)
2. Brokers name
3. The words 'licensed real estate broker' or ' lic. Real estate broker'
Advertising - ✔️✔️Advertisements must clearly reveal the licensed name of the
brokerage firm.
Blind advertisements - ✔️✔️Advertisement that fails to disclose the license name of the
brokerage firm.
Telephone Consumer Protection Act
TCPA - ✔️✔️1991. Federal law establishing a Do Not Call Registry for consumers who
wish to avoid telemarketing calls. Violators may be fined up to $11,000.
Brokerage offices - ✔️✔️All active Fl RE brokers are required to have an office and to
register the office with DBPR. Sales assoc are not permitted to open offices of their
own. They must be registered from and work out of an office maintained and registered
in the name of their employer.
Florida registry as part of national registry - ✔️✔️Charges consumer $10 first yr and $5
every yr after. Violator can be charged an additional $10,000.
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