Here is your state exam study Hit List.The exam has 100 multiple-choice questions and the applicant has 3 1/2 hours to complete the exam. Applicants must score at least 75 percent correct to pass. Many students start at Page 1 and indiscriminately. They often “run out of steam” before even getting to the most important […]
Florida Real Estate Exam for Brokers – Your Study Hit List Read More »
Members of the armed forces no longer have to pay the initial real estate licensing fee as long as the veteran applies within 24 months of an honorable discharge. Licensees who are members of the armed forces are exempt from renewal requirements while on active duty and for six months after discharge (but can’t be
Members of the armed forces catch a break Read More »
The DBPR Education and Testing Bureau has received information from the real estate testing vendor that has surprised many veteran brokers: Students who took the online course did significantly better on the state exam than students who took their courses in the classroom. The figures were for approximately 1,200 test-takers in the April, 2013 exams, and showed
Are online courses more effective? Read More »
Recent changes to Florida law (Chapter 718) allow a condominium association to deny owners (or their tenants) the right to use common areas and recreational amenities when the owner is more than 90 days overdue in paying association maintenance fees. Additionally, the association may divert rent paid by a tenant and apply it to the
Condo owners who are in arrears may not be able to use the pool Read More »
A little-known change in the law (July 1, 2009) requires current licensees to report any conviction or plea to a crime, including misdemeanors, to the DBPR. Previously, licensees had to report only convictions or pleas for felony charges. What’s the effect of this? If you got a DUI five years ago, you must tell DBPR
Licensees must notify DBPR of ANY convictions Read More »
The home buyers might love the house, but they hate last-moment surprises that tell them something new about the transaction. Those unwelcome surprises may include discoveries they didn’t know when they made the offer. They often find out new information about the property and its condition, the neighborhood and even some things they should have
Don’t Let Surprises Ruin the Deal Read More »
While hard work and good contacts can help you succeed during your first years in the real estate business, probably the most important ingredient to your success is your choice of brokers. The important thing for new sales associates to remember, it to check around. Talk to people in the business; ask for recommendations. Look
What Should I Ask My Prospective Broker? Read More »
The Department of Financial Services (DFS), Office of Insurance Regulation, recently published an article to remind real estate professionals of the laws governing title insurance companies. The giving of an inducement, or a thing of value, in return for the referral of title insurance business is a violation of Florida statutes. Florida Administrative Code, states “any
A Quick Reminder Regarding Referral Fees Read More »
Sellers must state the existence and nature of the code violation; must give the buyer disclosure with copies of notices; state the seller’s agreement to be liable for correcting the code violation; and notify the code enforcement agency of the buyer’s name and copies of disclosures given.
Disclosure of Building Code Violations Read More »
