Term
|
Definition
Keeps applicant from becoming licensed.
Errors in app
failing licensing exam
Lack of character req by Ch 455 and 475
Assitance or Cheated on exam |
|
|
Term
|
Definition
| Letter that is placed in file for minor incidence of misconduct - Letter of guidance |
|
|
Term
|
Definition
| Warning for a minor violation (initial only) allowing 15 days to correct minor infraction without consequence |
|
|
Term
|
Definition
| Concerns violations that are of no substantial threat to the public involving a fine that ranges from $100-$500 |
|
|
Term
|
Definition
Licensee continues to practice under guidance of FREC for a period time.
Default Timeperiod - 90 Days |
|
|
Term
|
Definition
| May be up to $5000 for each violation of Ch 455 and 475 |
|
|
Term
|
Definition
Temporary - up to 10 years
5 years for filing false app or falsely stating ed is complete when it is not. $5000 minimum fine for obtaining by false, misrep or concealment. |
|
|
Term
|
Definition
| Most severe by FREC and is permanent |
|
|
Term
|
Definition
| Breaking of promise or obligation |
|
|
Term
|
Definition
| To mix the money or other personal property of a buyer or seller with a brokers own money or property. |
|
|
Term
|
Definition
| Withholding of info or material fact |
|
|
Term
|
Definition
Use of earnest monies for personal use.
Licensees personal use or misuse of client monies. |
|
|
Term
|
Definition
| Guilty of failing to use care a reasonable person would use |
|
|
Term
| Failure to Act and Deliver |
|
Definition
| Act of failing to pay money to a person entitled to receive it |
|
|
Term
|
Definition
| Intentional deceit for the prupose of inducing another to rely on information to part with some valuable thing |
|
|
Term
|
Definition
| untrue statement of fact. |
|
|
Term
|
Definition
| information that is relevant to a person making a decision that affects value |
|
|
Term
|
Definition
| conduct contrary to honesty, good morals, justice or accepted custom |
|
|
Term
|
Definition
Administrative Procedure Act
Agency rule making is governed by Chapter 120 |
|
|
Term
|
Definition
| Regulation of Professiona and Occupations |
|
|
Term
|
Definition
|
|
Term
|
Definition
| Florida Admistrative Code FAC for FREC |
|
|
Term
| Division of Real Estate (DRE) |
|
Definition
Investigative Functions related to real estate.
Including verifying information proved by applicants as well as investigations of complaints against licensees. |
|
|
Term
| Complaint Process - Seven Steps |
|
Definition
Complaint is files
Investigation of complaint
Probable Cause Determination
Formal Complaint is issued if PCD found
Informal Hearing or formal hearing conducted.
Final order issued
Judicial review (appeal) of the final order. |
|
|
Term
|
Definition
Emergency Suspension order or final summary order.
Emergency or immeidate actions against a license to protect the public.
No hearing requried but DBPR initiates formal suspension or revocation proceeding within 20 days. |
|
|
Term
|
Definition
Two current members or one current and one former member of the FREC who are appointed by chairperson.
Grand Jury of sorts.
To determine whether probable cause exists.
30 days to make decision after final investigative report. |
|
|
Term
|
Definition
An agreement as to the facts of a case and the penalty reached between attorneys for the DRE and licensee.
Must be approved by FREC. |
|
|
