A licensee is sued for damages and payment is made from the real estate recovery fund. The licensee in this case Show
is suspended from real estate practice until he reimburses the fund, in full. The Real Estate Recovery fund is financed through money received from administrative fines and a surcharge on each new and renewing license. What is the maximum dollar amount the fund can have? $1,000,000.00: The licensee charged in a DBPR complaint is made public when? 10 days after probable cause is found to exist: Suspension of a license can last up to 10 YEARS: The ______ administers and enforces the real estate license law, Chapter 475, Part I, Florida Statutes. FREC: The Department receives an unsigned complaint. What can the Department do? Investigate the complaint if the Department wishes: When a licensee is being served with the Final Order of the FREC, how many days does he have to file an appeal with the District Court? 30 DAYS: What Florida agency is responsible for investigating real estate complaints? DBPR: Holds an investigation, and, if probable cause is found to exist, will direct the Department to file a formal complaint against the subject of the investigation: Why is a summary suspension order given? Because the Department feels that there is an immediate danger to public health, safety, and welfare: If Joe violated a rule under Chapter 475 F.S. and this is his first offense, what is the period of time of probation he could receive, unless otherwise stated by the Commission? 90 DAYS: A licensee has been issued a Final Order of the FREC, suspending his license. How long a time period is the maximum a suspension can last? 10 YEARS: The administrative law judge has issued a Recommended Order. How many days will a party to the hearing have to file an exception to the Recommended Order? 15 DAYS: _________ provides independent Administrative Law Judges to conduct hearings pursuant to Florida Statutes, pursuant to other law, and under contract with governmental entities. The Division of Administrative Hearings (DOAH):
The 2022 Florida Statutes
What is the Florida statute that gives the DBPR the power to investigate consumer complaints?Chapter 455 of the Florida Statutes gives the DBPR the power to investigate consumer complaints, issue subpoenas upon conducting investigation, issue cease and desist orders, and issue citations. Inactive means that there is a license in place, but the licensee may not practice real estate.
Which complaint may the Florida Department of Business and Professional Regulation Dbpr investigate?The following scenarios can cause the DBPR to initiate an investigation concerning your activity: (1) the DBPR receives a written complaint alleging that you have violated one of the statutes or rules that govern your discipline; or (2) the DBPR had “reasonable cause” to believe you have violated such a statute or rule ...
What is the maximum penalty for practicing real estate without a license in Florida?According to Sections 475.42(1)(a), 775.082(3)(e), and 775.083(1)(c), Florida Statutes, the unlicensed practice of real estate, as a broker or sales associate, is a third-degree felony punishable in criminal court, for each violation, by up to five years in prison and $5,000 in fines.
How long does a consumer have to file a complaint against a Florida licensee?(13) Notwithstanding any provision of law to the contrary, an administrative complaint against a licensee shall be filed within 6 years after the time of the incident or occurrence giving rise to the complaint against the licensee.
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