Unit 2 – REAL ESTATE LICENSE LAW AND QUALIFICATIONS FOR LICENSURE >

You can expect to see six questions on the end-of-course exam and six questions on the state exam from this unit.

After successfully completing this unit, you will be able to
• identify the qualifications for a sales associate’s license,
• describe the application requirements for licensure including nonresident application requirements,
• explain the importance of responding accurately and completely to the background information questions on the licensure application,
• illustrate the background check procedure conducted by the DBPR,
• describe the requirement for pre- and post-license education and continuing education,
• distinguish among the various license categories,
• identify services of real estate that require a license,
• recognize actions that constitute unlicensed activity,
• recognize exemptions from real estate licensure,
• distinguish between registration and licensure, and
• explain mutual recognition agreements.

Key Terms

adjudication withheldmutual recognition agreement
brokernolo contendere/no contest
broker associateprima facie evidence
compensationreal estate services
expungementreciprocity
Florida residentsales associate
license/registrationsealed