Amanda wants to establish a real estate school in Florida. She has a master's degree in education and 15 years of real estate experience as a broker. What additional requirement must her school meet to gain FREC approval?
Correct Answer
A) Have a curriculum approved by FREC
Correct: A - Have a curriculum approved by FREC. All real estate schools must have their curriculum approved by FREC before beginning operations. Why not B: This option is incorrect because "Employ at least 3 full-time instructors" does not match the rule tested by the question. The correct answer is "Have a curriculum approved by FREC". All real estate schools must have their curriculum approved by FREC before beginning operations. Why not C: This option is incorrect because "Operate for 2 years before seeking approval" does not match the rule tested by the question. The correct answer is "Have a curriculum approved by FREC". All real estate schools must have their curriculum approved by FREC before beginning operations. Why not D: This option is incorrect because "Maintain a surety bond of $50,000" does not match the rule tested by the question. The correct answer is "Have a curriculum approved by FREC". All real estate schools must have their curriculum approved by FREC before beginning operations.
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Related Topics & Key Terms
Key Terms:
Related Concepts
In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.
Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.
License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
- → A responsible broker in Wyoming asks about a first-time salesperson applicant prepares for Wyoming-specific licensing. Which answer follows Wyoming law?
- → Which Wyoming rule applies when an out-of-state salesperson applies for Wyoming licensure?
- → A responsible broker in Wyoming asks about the Commission director receives a complaint about real estate practice. Which answer follows Wyoming law?
- → For the Wyoming salesperson state portion, a first-time Wyoming salesperson applicant starts the application process. Which statement is correct?
- → A Wyoming licensee is reviewing all first-time salesperson steps are otherwise complete. What is the best answer?
- → For the Wyoming salesperson state portion, a licensee asks how long Wyoming renewal periods are. Which statement is correct?
- → Which Wyoming rule applies when a licensee does not timely submit the complete renewal application, proof of CE, and renewal fees?
- → Which Wyoming rule applies when the Commission acts on license issuance and discipline?
- → In Wyoming real estate practice, a written sworn complaint or Commission motion starts a disciplinary matter. What should the licensee remember?
- → A Wyoming licensee is reviewing a first-time salesperson applicant asks which prelicense courses are required. What is the best answer?
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