Florida License Law
A Florida licensee who engages in culpable negligence or breach of trust is subject to:
AA civil fine only, paid to the harmed party
BDisciplinary action by FREC including suspension, revocation, or fine✓ Correct
CAutomatic criminal prosecution
DLoss of professional liability insurance only
Explanation
Under Chapter 475 F.S., culpable negligence or breach of trust in a real estate transaction can result in disciplinary action by FREC, including fines, suspension, or revocation of the licensee's license.
Related Florida Florida License Law Questions
- A Florida real estate broker is required to keep copies of all listings, contracts, and escrow records for a minimum of:
- A Florida broker must ensure that each office location used in the conduct of real estate business is:
- A Florida real estate broker who knowingly employs an unlicensed person to perform acts requiring a license is guilty of:
- How many questions are on the Florida real estate sales associate exam?
- In Florida, a real estate license may be placed on 'voluntary inactive' status for a maximum of how long before it expires?
- A Florida broker who maintains the written business records of a real estate company must keep those records for:
- Under FREC rules, a Florida broker is required to perform a monthly reconciliation of the escrow account. This reconciliation must compare:
- Under Florida law, a real estate licensee may NOT:
Practice More Florida Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Florida Quiz →