Penalties Issued by a Court of Law (Criminal)
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Welcome to the course!
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The Real Estate Business
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Law & Qualifications
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License Law And Commission Rules
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Authorized Relationships, Duties, And Disclosure
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Brokerage Offices and Branch Requirements
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Violations Of License Law, Penalties And Procedures
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Chapter 8
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Property Rights
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Title, Deeds And Ownership Restrictions
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Legal Descriptions
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Real Estate Contracts
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Residential Mortgages
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Types of mortgages
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Real Estate Related Computations And Closing Of Transactions
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The Real Estate Markets And Analysis
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Real Estate Appraisal
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Real Estate Investments And Business Opportunity Brokerage
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Taxes Affecting Real Estate
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Planning, Zoning And Environmental Hazards
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Course Assessments
FLORIDA REAL ESTATE SALES ASSOCIATE COURSE
Violations Of License Law, Penalties And Procedures
Section 13 of 18
The FREC can only take your license and fine you. They cannot send you to jail. Only a court can do that. You need to memorize the specific crimes for the exam.Second-Degree Misdemeanor - The Crime: Breaking most rules in Chapter 475 (e.g., false advertising). The Punishment: Up to 60 days in jail and/or $500 fine.First-Degree Misdemeanor - The Crime: There is only ONE first-degree misdemeanor you need to know: Failing to provide accurate and current rental information for a fee. (If you sell a fake rental list to a tenant). The Punishment: Up to 1 year in jail and/or $1,000 fine. (Remember: 1st Degree = 1 Year)Third-Degree Felony - The Crime: These are the most serious violations. Unlicensed Activity: Practicing real estate without a license.Falsifying an Application: Lying on your DBPR application.Theft of Exam: Stealing questions or reproducing the state exam.The Punishment: Up to 5 years in prison and/or $5,000 fine.
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