The Florida Real Estate Commission held a meeting for the purpose of passing a new rule. This is an exercise of which Commission power? Quasi-legislative powers give the FREC the power to make and pass rules regulating the operation of licensees and the real estate profession.
The FREC has the power to grant or deny applications for real estate licensure.
What are Frec powers?
The FREC governs the conduct of all licensees. As such, the Commission has the power to investigate and discipline any licensee that violates the law.
Which power is not given to the Florida real estate Commission?
Which power is NOT given to the Florida Real Estate Commission? The answer is imposing jail sentences. Jail time must be imposed by a criminal court. The FREC is empowered to make determinations of license law violations and impose administrative penalties.
What is the primary purpose of the Florida real estate Commission?
The Florida Real Estate Commission (FREC) was created to protect the public through education and regulation of real estate licensees. The Commission consists of seven members appointed by the Governor, subject to confirmation by the Senate.
How many members serve on the Florida real estate commission?
The Florida Real Estate Commission (FREC) consists of seven members and meets monthly. The commission meeting is usually the third Tuesday and Wednesday of the month. The FREC administers and enforces the real estate license law, Chapter 475, Part I, Florida Statutes.
Which of the following is a true statement about a Florida real estate licensee’s duty to disclose?
Which of the following is a true statement about a Florida real estate licensee’s duty to disclose? Licensees owe all parties and customers the duty to disclose material facts relating to the value of the property.
When a phone caller inquires about a property that’s no longer available a switch sheet allows an agent to?
When a phone caller inquires about a property that’s no longer available, a switch sheet allows an agent to: quickly reference similar properties. The three C’s of credit include character, capacity and: capital.
How do I report an unethical real estate agent?
If you believe that a REALTOR® has violated one or more Articles of the Code of Ethics, you can file an ethics complaint alleging a violation(s) through the local association of REALTORS® where the REALTOR® holds membership, or participates in a REALTOR® association-owned/operated MLS.
What is the maximum number of years a member may serve on the Florida real estate commission?
2. What is the maximum number of years a member may serve on the Florida Real Estate Commission? FREC members are appointed for a 4-year term. Members may not serve more than two consecutive terms, although there is no maximum number of years they may serve as long as no more than two terms are consecutive.
How do Realtors report unethical behavior?
Complaints against Real Estate Agents or Companies
If you have a complaint against a licensed real estate agent or business, visit California DRE’s website for details on How To File A Complaint, or call the California DRE Public Information Line at (877) 373-4542.
Which power is not granted to the DBPR under Florida Statute 455?
|Term A licensed sales associate may operate||Definition for the broker registered as the sales associates employer|
|Term Which power is NOT Granted to the DBPR under Florida Statute 455?||Definition Appoint FREC members|
Which of the following is a principal role of the real estate commission?
enact the state’s real estate license law. … institute a system of private real estate schools to fulfill educational requirements. A principal role of the real estate commission is to. * pass a state license examination.
What’s it called when a licensee tries to induce sales by predicting a decline in market value?
What is it called when a licensee tries to induce sales by predicting a decline in market value? Panic selling.