Florida License Law
Under Florida law, a real estate sales associate must complete post-licensing education within:
A6 months of initial licensure
B1 year of initial licensure✓ Correct
C18 months of initial licensure
D2 years of initial licensure
Explanation
Florida law requires sales associates to complete 45 hours of post-licensing education within the first renewal period — which is within 2 years (24 months) of initial licensure. Failure to complete post-licensing education before the first renewal causes the license to become null and void, requiring reapplication.
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Key Terms to Know
Option Contract
A contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Adjustable-Rate Mortgage (ARM)A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
State-Specific Concepts
License Law
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