28-Hour Reactivation Education Course 2023

Unit 1 – REAL ESTATE LICENSE LAW AND QUALIFICATIONS FOR LICENSURE Copy

12 Topics | 11 Quizzes

Topic 1.1: History and Objectives of Real Estate License Laws

Topic 1.1: Practice Activities

Topic 1.2: License Categories Copy

Topic 1.2: Practice Activities

Topic 1.3: General Licensure Provisions

Topic 1.3: Practice Activities

Topic 1.4: Application Requirements

Topic 1.4: Practice Activities

Topic 1.5: Sales Associate License Requirements

Topic 11.5: Practice Activities

Topic 1.6: Broker License Requirements

Topic 1.6: Practice Activities

Topic 1.7: Mutual Recognition Agreements with Other States

Topic 1.7: Practice Activities

Topic 1.8: Information Included on the Real Estate License

Topic 1.8: Practice Activities

Topic 1.9: Registration vs Licensure

Topic 1.9: Practice Activities

Topic 1.10: License Renewal Education

Topic 1.10: Practice Activities

Topic 1.11: Real Estate Services

Unit 1: Key Points

Unit 1 Practice Exam

UNIT 2—THE REAL ESTATE LICENSE LAW AND COMMISSION RULES

5 Topics | 5 Quizzes

Topic 2.1: The Department of Business and Professional Regulation (DBPR)

Topic 2.1: Practice Activities

Topic 2.2: Division of Real Estate

Topic 2.2: Practice Activities

Topic 2.3: The Florida Real Estate Commission

Topic 2.3: Practice Activities

Topic 2.4: License Renewal and License Status

Topic 2.4: Practice Activities

Unit 2: Key Points

Unit 2 Practice Exam

UNIT 3—BROKERAGE RELATIONSHIPS, DUTIES AND DISCLOSURE

10 Topics | 9 Quizzes

Topic 3.1: The Concept of Agency

Topic 3.1: Practice Activities

Topic 3.2: Disclosure Requirements

Topic 3.2: Practice Activities

Topic 3.3: Authorized Brokerage Relationships

Topic 3.3: Practice Activities

Topic 3.4: Nonrepresentation

Topic 3.4: Practice Activities

Topic 3.5: Single Agent Relationship

Topic 3.5: Practice Activities

Topic 3.6: Transaction Broker Relationship

Topic 3.6: Practice Activities

Topic 3.7: Designated Sales Associate

Topic 3.7: Practice Activities

Topic 3.8: Record Keeping and Retention

Topic 3.8: Practice Activities

Topic 3.9: Terminating a Brokerage Relationship

Unit 3: Key Points

Unit 3: Practice Exam

UNIT 4—REAL ESTATE BROKERAGE ACTIVITIES

13 Topics | 12 Quizzes

Topic 4.1: Brokerage offices

Topic 4.1: Practice Activities

Topic 4.2: Guidelines for Advertising

Topic 4.2: Practice Activities

Topic 4.3: Escrow (Trust) Accounts

Topic 4.3: Practice Activities

Topic 4.4: Notice and Settlement Procedures

Topic 4.4: Practice Activities

Topic 4.5: Rental Lists and Rental Companies

Topic 4.5: Practice Activities

Topic 4.6: Brokers and Sales Associates Are Experts

Topic 45.7: Broker’s Commission

Topic 4.7: Practice Activities

Topic 4.8: Other Laws Regulating the Practice of Real Estate

Topic 4.8: Practice Activities

Topic 4.9: Entities That May Register As Brokerage Firms

Topic 4.9: Practice Activities

Topic 4.10: Entities That May Not Register as A Brokerage Firm

Topic 4.10: Practice Activities

Topic 4.11: Trade Names

Topic 4.11: Practice Activities

Topic 4.12: Personal Assistants

Topic 4.12: Practice Activities

Unit 4: Key Points

Unit 4 Practice Exam

Unit 5—VIOLATIONS OF LICENSE LAW, PENALTIES AND PROCEDURES

4 Topics | 4 Quizzes

Topic 5.1: Disciplinary Procedures

Topic 5.1: Practice Activities

Topic 5.2: Administrative Penalties

Topic 5.2: Practice Activities

Topic 5.3: Real Estate Recovery Fund

Topic 5.3: Practice Activities

Unit 5: Key Points

Unit 5 Practice Exam

Unit 6—FEDERAL AND STATE LAWS PERTAINING TO REAL ESTATE

4 Topics | 4 Quizzes

Topic 6.1: Fair Housing Laws

Topic 6.1: Practice Activities

Topic 6.2: Other Federal Laws

Topic 6.2: Practice Activities

Topic 6.3: Florida Residential Landlord and Tenant Act

Topic 6.3: Practice Activities

Unit 6: Key Points

Unit 6 Practice Exam

Unit 7—REAL ESTATE CONTRACTS

11 Topics | 10 Quizzes

Topic 7.1: Contracts in General

Topic 7.1: Practice Activities

Topic 7.2: Essentials of a Contract

Topic 7.2: Practice Activities

Topic 7.3: Classification of Contracts

Topic 7.3: Practice Activities

Topic 7.4: Contract Negotiation

Topic 7.4: Practice Activities

Topic 7.5: Termination of Contracts

Topic 7.5: Practice Activities

Topic 7.6: Breach of Contract

Topic 7.6: Practice Activities

Contracts Important to Real Estate Copy

Topic 7.7: Listing Contracts

Topic 7.7: Practice Activities

Topic 7.8: Sales Contracts

Topic 7.8: Practice Activities

Topic 7.9: Options, Procuring Cause, and Negligence

Topic 7.9: Practice Activities

Unit 7: Key Points

Unit 7 Practice Exam

UNIT 8—REAL ESTATE RELATED COMPUTATIONS AND CLOSING OF TRANSACTIONS

8 Topics | 8 Quizzes

Topic 8.1: Basic Real Estate Computations

Topic 8.1: Practice Activities

Topic 8.2: Preliminary steps to a closing

Topic 8.2: Practice Activities

Topic 8.3: Prorated Expenses

Topic 8.3: Practice Activities

Topic 8.4: State Transfer Taxes

Topic 8.4: Practice Activities

Topic 8.5: Other Charges

Topic 8.5: Practice Activities

Topic 8.6: General Rules for Debits and Credits

Topic 8.6: Practice Activities

Topic 8.7: Closing Disclosure

Topic 8.7: Practice Activities

Unit 8: Key Points

Unit 8 Practice Exam

Unit 9—REAL ESTATE INVESTMENTS AND BUSINESS OPPORTUNITY BROKERAGE

7 Topics | 7 Quizzes

Topic 9.1: Investment Real Estate Terminology

Topic 9.1: Practice Activities

Topic 9.2: Types of investments

Topic 9.2: Practice Activities

Topic 9.3: Advantages of Real Estate Investments

Topic 9.3: Practice Activities

Topic 9.4: Disadvantages of Investing in Real Estate

Topic 9.4: Practice Activities

Topic 9.5: Assessment of Risk

Topic 9.5: Practice Activities

Topic 9.6: Nature of Business Brokerage

Topic 9.6: Practice Activities

Unit 9: Key Points

Unit 9 Practice Exam

Practice Final Examination-50 Questions

28-Hour Reactivation Education End-of-Course Exam

Unit 1 Practice Exam

28-Hour Reactivation Education Course 2023 Unit 1 – REAL ESTATE LICENSE LAW AND QUALIFICATIONS FOR LICENSURE Copy Unit 1: Key Points Unit 1 Practice Exam

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Question 1 of 15

1. Question
The problem with the Florida Real Estate License law that was passed in 1923 was that
- it did not discuss broker escrow accounts.
- it failed to set up a process for renewing a license.
- it did not allow the Florida Real Estate Commission to draft rules.
- it did not establish an enforcement body.
Correct

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Question 2 of 15

2. Question
“Let the buyer beware” was the public’s image of real estate brokers before the state set up the Florida Real Estate Commission. The Latin term is
- lo ipsit sequitur.
- ad hoc.
- amicus curiae.
- caveat emptor.
Correct

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Question 3 of 15

3. Question
What is the maximum number of days the DBPR has to review the information in an license application?
- 15 days
- 30 days
- 60 days
- 90 days.
Correct

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Question 4 of 15

4. Question
The Florida Real Estate Commission is
- a consumer protection agency.
- a police agency.
- a bureaucracy.
- an environmental protection agency.
Correct

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Question 5 of 15

5. Question
The Department that enforces the law against persons who practice a profession without having a license is the
- Florida Real Estate Commission.
- Department of Business and Professional Regulation (DBPR).
- Division of Real Estate.
- Department of License Enforcement.
Correct

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Question 6 of 15

6. Question
The maximum fine that can be levied by the DBPR for each offense is
- $500.
- $1,000.
- $5,000.
- $10,000.
Correct

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Question 7 of 15

7. Question
Which part of Chapter 475 establishes the Florida Real Estate Commission?
- Part I
- Part II
- Part III
- Part IV
Correct

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Question 8 of 15

8. Question
Which licensee is qualified to be a broker, but has decided to work under the supervision of another broker or an owner developer?
- A sales associate
- A broker
- An associate broker
- A broker associate
Correct

Incorrect
Question 9 of 15

9. Question
Applicants for a real estate license must have a
- United States passport.
- United States Social Security number.
- Florida driver’s license.
- Florida bank account.
Correct

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Question 10 of 15

10. Question
Broker applicants must have worked under a broker in any state for at least
- one year.
- two years.
- four years.
- five years.
Correct

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Question 11 of 15

11. Question
A broker’s license will become void when the first license expires unless the broker has
- closed at least ten transactions.
- held an active license for at least six months.
- completed at least 60 hours of broker post-licensing courses.
- completed a 45-hour sales associate post-licensing course.
Correct

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Question 12 of 15

12. Question
Which is NOT a part of the 14-hour continuing education requirement for brokers and sales associates?
- Property management
- Business ethics
- Core law
- Specialty education
Correct

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Question 13 of 15

13. Question
Which is NOT a service that requires a real estate license?
- Advertise real estate services
- Originate mortgages
- Appraising
- Exchanging
Correct

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Question 14 of 15

14. Question
The unlicensed practice of real estate is a
- first degree felony.
- second degree misdemeanor.
- first degree misdemeanor.
- third degree felony.
Correct

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Question 15 of 15

15. Question
A man who deals in real property is NOT exempt from having a real estate license if he
- sells cemetery lots.
- performs one of the eight services of real estate for another for compensation.
- rents property for transient occupancy.
- rents lots in a mobile home park.
Correct

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