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Under Florida Statute 475.02, all of the following are required of the Florida Real Estate Commission EXCEPT:

Correct Answer

D) Every member must have been a Florida resident for the 5 years before appointment

Section 475.02 sets no residency requirement, and none for citizenship either. What it does require: seven members appointed by the Governor subject to Senate confirmation; four licensed brokers each holding an active license for the 5 years preceding appointment; a fifth member who is a broker or sales associate licensed for the 2 years preceding; two members who have never been brokers or sales associates; and at least one member aged 60 or older.

Answer Options
A
Four members must have held an active broker license for the 5 years before appointment
B
Two members must never have been brokers or sales associates
C
At least one member must be 60 years of age or older
D
Every member must have been a Florida resident for the 5 years before appointment

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Related Topics & Key Terms

Key Terms:

FRECmembership_requirementsqualifications

Related Concepts

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

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