What is the administrative arm for the real estate profession in Florida?

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.

Is the administrative arm for the real estate profession?

is the ADMINISTRATIVE ARM of the FREC. The DBPR hires and pays all Division employees. … The Director of the Division of Real Estate (DRE) is appointed by the Secretary of the Department of Business and Professional Regulation, subject to the confirmation by a majority of FREC members.

What is Chapter 61J2 Florida Administrative Code?

61J2: Florida Real Estate Commission – Florida Administrative Rules, Law, Code, Register – FAC, FAR, eRulemaking.

Chapter No. Chapter Title
61J2-6 SALESPERSONS
61J2-9 REISSUANCE OF CERTIFICATE
61J2-10 OPERATION, BUSINESS AND OFFICES
61J2-14 FUNDS ENTRUSTED TO BROKERS – DEPOSITS AND ESCROWS
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Which power gives the Florida real estate Commission?

Quasi-legislative powers give the FREC the power to make and pass rules regulating the operation of licensees and the real estate profession.

Which of the following entities regulates real estate license law in Florida?

The Florida Real Estate Commission (FREC) is a self-governing body made up of seven members who administer and enforce the real estate license law, Chapter 475, Part I, Florida Statutes. The Commission is also empowered to pass rules that enable it to implement its statutorily authorized duties and responsibilities.

Do you need a real estate license to be a property manager in Florida?

In Florida, a property manager needs to have a broker license if he or she is being paid to handle rentals and leases for other people. Renting and leasing are considered real estate activities are therefore under Florida’s real estate licensing law.

When can I renew my Florida real estate license?

When do I need to renew my Florida real estate license? Florida real estate licenses expire either March 31st or September 30th, every other year. Your renewal date will be determined by the date that you passed your exam.

What is Chapter 455 Florida?

Chapter 455 of the Florida Statutes (Business and Professional Regulation: General Provisions) contains regulation directly impacting the licensing process of contractors in the State of Florida.

What is Chapter 475 Florida?

475.001 Purpose. —The Legislature deems it necessary in the interest of the public welfare to regulate real estate brokers, sales associates, and schools in this state. History.

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What chapter is Frec?

Lesson Summary

Real estate law is found under Chapter 475, Part 1, Florida Statutes. The Commission is allowed to write the rules regarding real estate under these statutes, and those rules are found in Chapter 61J2, Florida Administrative Code. The Commission itself is comprised of seven members.

How many members make up 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.

What are the duties and powers of the Florida real estate Commission?

The Florida Real Estate Commission has the duty to advance the education of licensees in ethics, law, and brokerage practices. The FREC governs the conduct of licensees, and has the power to investigate and discipline licensees who violate the law. Vigorous enforcement of real estate laws protect Florida consumers.

What are the duties of the Florida real estate Commission?

The Commission is an agency that offers consumers protection, with power to regulate licensees in the state. In fact, the Commission has the duty to advance the education of licensees in law, ethics, and brokerage practices. The FREC governs the conduct of all licensees.

Can a revoked real estate license be reinstated in Florida?

Revocation of a Florida Real Estate License Does Not Prohibit Reapplication for a New License. The Florida Real Estate Commission (the “FREC”) and the Department of Business and Professional Regulation (the “DBPR”) have taken the position that revocation of a license is permanent.

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What is the difference between a broker associate and a broker?

A broker-associate is an individual licensed as a real estate broker, but who works in the capacity of a salesperson for another responsible broker or corporation.

What is the purpose of FS 475?

Chapter 475, F.S., relates to real estate brokers, salesmen, and real estate schools, and sets forth certain regulatory requirements and prohibited activities to be administered and enforced by the Florida Real Estate Commission within the Department of Professional Regulation.