Florida License Law
A Florida real estate licensee successfully completes all requirements for a broker's license. The most important practical change this represents is:
AThe licensee can now list properties under their own name
BThe licensee can now operate their own brokerage, supervise other licensees, and maintain escrow accounts✓ Correct
CThe licensee no longer needs to complete continuing education
DThe licensee can now represent both buyers and sellers in the same transaction without any disclosure
Explanation
A broker's license enables the licensee to: (1) operate their own brokerage entity, (2) employ and supervise other licensees, (3) maintain escrow accounts, and (4) accept compensation from any party. A sales associate works under a broker's supervision and cannot work independently. Obtaining a broker's license represents a significant increase in professional responsibility and capability under Florida law.
Related Florida Florida License Law Questions
- Under Florida license law, a sales associate must register their license under a:
- A Florida licensee who engages in culpable negligence or breach of trust is subject to:
- In Florida, the maximum administrative fine FREC may impose per violation is:
- A Florida broker who wishes to open a branch office must:
- A Florida real estate broker employs 10 sales associates. The broker is held responsible for the professional conduct of these associates in connection with their real estate activities because of the legal principle of:
- Which of the following activities does NOT require a Florida real estate license?
- A Florida broker's license expires due to failure to complete continuing education. The broker's status is:
- A Florida broker advertises a listed property on social media. Which requirement applies to this advertising?
Practice More Florida Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Florida Quiz →