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Practice Of Real EstateLicense_lawMEDIUM

Maria holds a broker license in Georgia and wants to practice real estate in Florida. What must she do?

Correct Answer

A) Apply for mutual recognition with Georgia

Florida has a mutual recognition agreement with Georgia (and several other states) allowing an actively licensed nonresident broker or sales associate to obtain a Florida license by passing only the 40-question Florida-law portion of the exam — Maria should apply for mutual recognition.

Answer Options
A
Apply for mutual recognition with Georgia
B
Take only the Florida law portion of the exam
C
Complete the full Florida licensing requirements
D
Register as a non-resident broker

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Related Topics & Key Terms

Key Terms:

reciprocityout_of_statelicensing_requirements

Related Concepts

Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.

Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.

Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.

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