Unit 2 of 19

License law and qualifications for licensure

Who regulates real estate in Florida, who needs a license, the exemptions, and the steps to qualify for a sales associate license under Chapter 475.

  1. 1
    Why Florida regulates real estate, and who does it
    The stated purpose of Florida's real estate license law and how the commission, the Department of Business and Professional Regulation, and the Division of Real Estate split the work.
    +50 XP
  2. 2
    Key definitions and who needs a license
    How Chapter 475 defines broker, sales associate, broker associate and real estate, why a single act can require a license, and the penalties for operating without one.
    +50 XP
  3. 3
    Exemptions from licensure
    The people Fla. Stat. 475.011 exempts from real estate licensing, the limits on each exemption, and the traps exam questions set around owners, attorneys, salaried employees and finder's fees.
    +50 XP
  4. 4
    Qualifications and prelicensing education
    The personal qualifications for a Florida sales associate license, the 63-hour Course I, how the end-of-course exam works, and who is exempt from the course.
    +50 XP
  5. 5
    The application, the state exam and getting licensed
    How a Florida sales associate applicant applies, submits fingerprints, passes the state exam, and gets certified and licensed, plus the 2-year deadlines and the rules for nonresidents.
    +50 XP

Practice questions

Check yourself with exam-style questions. Each one explains the answer as soon as you pick.

Practice Unit 2