What is the role of the Division of real estate Division quizlet?

What is the role of the Division of real estate?

The Division is responsible for the examination, licensing and regulation of over a quarter of a million individuals, corporations, real estate schools and instructors. Our mission: To protect the public by regulation of real estate and appraisal licenses through education and compliance.

What is the role of the Division of real estate quizlet?

The Division of Real Estate (DRE) duties are essentially administrative and ministerial. The administrative duties include routine duties and clerical functions of behalf of the FREC. The DRE’s ministerial duties involve recordkeeping. The secretary of the DBPR is appointed by the governor.

How many Florida real estate Commission members may be licensed as real estate sales associates?

Four members must be licensed brokers, each of whom has held an active license for five years preceding appointment. One member must be a licensed broker or a licensed sales associate who has held an active license for two years preceding appointment.

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Who appoints and confirms the Secretary of the DBPR?

Tallahassee, Fla. — Today, Governor Ron DeSantis announced his appointment of Julie Imanuel Brown as Secretary of the Florida Department of Business and Professional Regulation (DBPR). The appointment is effective Monday, February 22, 2021.

What Colorado entity is the division of real estate a part of?

Colorado Division of Real Estate – Colorado Association of REALTORS.

Who oversees the DRE?

Real Estate Commissioner

Doug McCauley was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on April 2, 2020 and assumed office on May 6, 2020.

What does the Ohio real estate Commission do?

Ohio Real Estate Commission

Commissioners set licensing requirements, make rules concerning licensees, handle complaints about violations of state laws and regulations and suspend and revoke licenses.

Which of the following is a true statement about a Florida real estate licensee’s duty to disclose?

Which of the following is a true statement about a Florida real estate licensee’s duty to disclose? Licensees owe all parties and customers the duty to disclose material facts relating to the value of the property.

How many members are in the Florida real estate Commission?

The Florida Real Estate Commission (FREC) was created to educate and regulate real estate licensees. The commission has seven members appointed by the Governor and confirmed by the Senate.

Who regulates real estate in Florida?

The Florida Real Estate Commission (FREC) administers and enforces the real estate license law and is a division of the Florida Department of Business and Professional Regulation.

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Which power gives the Florida real estate Commission?

Quasi-legislative powers give the FREC the power to make and pass rules regulating the operation of licensees and the real estate profession.

Who makes up Florida real estate Commission?

Governor Ron DeSantis Appoints Five to the Florida Real Estate Commission. Tallahassee, Fla. — Today, Governor Ron DeSantis announced the appointment of Patricia “Patti” Ketcham, Renee Butler, Patricia Fitzgerald, Randy Schwartz and Richard Barbara to the Florida Real Estate Commission.

Which agent usually has the power of attorney?

Which agent usually has the power of attorney? A universal agent: The Universal agent has the Power of Attorney and is called an Attorney-in-Fact. An example would be a person who is hired or appointed by an estate to handle the real estate affairs of a deceased individual.

What does Dbpr stand for in real estate?

The Florida Department of Business and Professional Regulation (DBPR) oversees the FREC and takes care of the licensing and registration of real estate agents.

What is Frec?

The Florida Real Estate Commission (FREC) is the government office that regulates real estate education and licensure for the state of Florida. FREC is overseen by the Florida Department of Business and Professional Regulation (DBPR).