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 long can you serve on the Florida Real Estate Commission?

At least one member of the Commission must be 60 years of age or older. Members of the Commission shall be appointed for four-year terms.

What is the maximum period of time a real estate license may be suspended in Florida?

License Suspension – The maximum period is ten years. (A summary suspension can only be issued by the DBPR Secretary if a licensee’s actions are considered dangerous to the public at large) License Revocation – Permanent loss of the ability to practice real estate in the state of Florida.

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How many commission members terms can expire in one year?

Members of the Commission shall serve three-year terms, so staggered that the terms of three members expire in one year, the terms of three members expire in the next year, and the terms of three members expire in the third year of each three-year period.

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.

What can an inactive real estate agent do?

An active license means you work under a sponsoring broker. … If you do not have a sponsoring broker, you will be issued an inactive real estate license. If you hold an inactive license, you cannot engage in any real estate brokerage activities.

How long can a Florida real estate license be inactive?

Your Florida real estate license can be inactive for two years, but the length of time you leave it in an inactive status will determine the path you need to take to reactivate it as we will explain below.

What is the maximum period a real estate license can be suspended?

While suspensions are generally imposed for at least thirty days and not longer than one year, these limits are not applicable when the cause of the suspension is “remediable”, that is something the suspended REALTOR® can correct, thereby lifting the suspension.

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Can you get a real estate license with a DUI in Florida?

A conviction does not bar you from applying for and obtaining your Florida real estate license. The application will ask you to discuss your history and your conviction.

What is failure to account?

Definition: The act of failing to pay money to a person entitled to receive it.

What is the maximum amount that any claimant may receive from the Recovery Fund?

A successful applicant to the Recovery Fund may be paid up to a statutory maximum of $50,000 per transaction, with a possible total aggregate maximum of $250,000 per licensee.

How many members are in the real estate commission?

The Real Estate Commission is composed of nine members who are appointed by the Governor and confirmed by the Senate. The chair is designated by the Governor.

Can you get a real estate license with a felony in Louisiana?

Individuals or companies desiring to conduct real estate activity in Louisiana must make application for a license or certificate with the Commission. Individuals who have been convicted of a felony will need to follow the felony applicant process. Licenses may be issued in either the active or inactive status.

What is the Florida real estate Commission?

The Florida Real Estate Commission (FREC) is the government office that regulates real estate education and licensure for the state of Florida. FREC is overseen by the Florida Department of Business and Professional Regulation (DBPR).

Who are the members of the Florida real estate Commission?

Tallahassee, Fla. — Today, Governor Ron DeSantis announced the appointment of Patricia “Patti” Ketcham, Renee Butler, Patricia Fitzgerald, Randy Schwartz and Richard Barbara to the Florida Real Estate Commission.

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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.