Florida Real Estate State Exam Prep with Complete Questions and Answers

Florida Real Estate State Exam Prep with Complete Questions and AnswersFlorida Real Estate State Exam Prep with Complete Questions and AnswersFlorida Real Estate State Exam Prep with Complete Questions and Answers Joint Ventures - ANSWER-is a temporary form of business arrangement often encountered in real estate business. Trade Names - ANSWER-is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." Chapter 120, F.S. - ANSWER-Administrative Procedures Act Chapter 455, F.S. - ANSWER-Regulation of Professional and Occupations Chapter 28, Sections 101-110 - ANSWER-Division of Administrative Hearings (DOAH Rules), Florida Administrative Code (F.A.C.) Chapter 61J2 - ANSWER-Florida Real Estate Commission, Fl Administrative Code (F.A.C.) Recovery Fund - ANSWER-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 Accumulation of the Recovery Fund - ANSWER-total of $1 million is the limit for fund at any one time.