Which of the following individuals qualify for an exemption from the pre licensing course requirement for sales associates?
One course from the following list: Real Estate Appraisal. Property Management. Real Estate Finance.
Which individual must hold an active real estate license quizlet?
An owner-developer’s sales staff must hold active real estate licenses in order to be paid a commission or other compensation based on actual sales (that is, on a transactional basis).
Which activity would require a real estate license?
Among them are: Negotiating for the listing, sale, purchase, exchange, rent, lease or option for. any real estate; Acting as referral agent; or.
Does a person who agrees to a commission for the sale of real estate require an Indiana real estate license?
No, because in Indiana, a real estate broker must have a permanent office in which his or her license is displayed.
Which person is not exempt from licensure?
|Term A licensed sales associate may operate||Definition for the broker registered as the sales associates employer|
|Term Which individual is NOT exempt from licensure under F.S. 475.?||Definition An employee of the real estate developer, who receives a salary plus bonuses based on sale quotas|
Who is exempt from real estate license Florida?
Individuals with a 4-year degree, or higher, in real estate are exempt from the sales associate 63 hour pre-licensing or the broker 72 hour pre-licensing course, but must make application and take the state exam.
Which individual is exempt from real estate license?
An individual who has been a licensee in good standing for 30 continuous years in this State and who is 70 years of age or older is exempt from the CE requirement.
Which individual must hold a Florida real estate license quizlet?
Which individual must hold a Florida real estate license? LAWYER WHO RECEIVES A SHARE OF THE COMMISSION FOR EACH TRANSACTION RESULTING FROM THE REFERRAL OF A CLIENT TO A LOCAL BROKERAGE OFFICE. A lawyer is exempt from a real estate license if performing work within the scope of an attorney-client relationship.
Who needs a real estate license in Florida?
License law enacted by state legislatures is designed to protect the public from unqualified, unethical real estate professionals. If you want to buy and sell a property for compensation, you must have an active Florida real estate license from the Florida Department of Business and Professional Regulation (DBPR).
How many members of the Frec must be licensed brokers?
Four FREC members must be licensed real estate brokers, who each must have held an active license for five years before they join the commission. One member must be a licensed broker or a licensed sales associate who has held an active license for the two years preceding appointment.
Which of the following can the commission not do with respect to a nonresident license?
Which of the following can the commission NOT do with respect to a nonresident license? Require the nonresident licensee to move to Tennessee. A property’s taxes are $9,540 and are paid for in arrears.
When must the sales associate’s post license be completed Florida?
Your license renewal date is between 18 and 24 months after you receive your initial Florida Real Estate License. If you have a Sales Associate license, you must complete 45 hours of post-licensing education. If you have a Broker license, you must complete 60 hours of post-licensing education.
What do I need to be a Realtor in Indiana?
What requirements must I meet to apply for a real estate license? You must be at least 18 years of age, have a high school diploma or GED, complete an approved 90 hour real estate pre-licensing course, and pass the licensing examination.
Which is not a requirement for a successful listing presentation?
Which is NOT a requirement for a successful listing presentation? To have at least six months experience in making a listing presentation. Question to ask when qualifying a buyers housing objectives… Do Not include “How Much Cash” is available for a down payment.
Who are the parties to a listing agreement?
The principal parties to the contract are the listing broker and the client. The client may be buyer, seller, landlord or tenant in the proposed transaction. Legally, the broker is the client’s agent. The principal party on the other side of the transaction is a customer or a potential customer, called a prospect.