Questions and Answers
What is the purpose of Florida Statute 20?
What is another name for Florida Statute Chapter 475?
Real Estate Professional Practice Act
Part I of Florida Statute Chapter 475 pertains to real estate appraisers.
False
What does Florida Statute Chapter 475 (Part III) concern?
Signup and view all the answers
What does Chapter 455 define?
Signup and view all the answers
What key feature does Florida Statute 120 provide?
Signup and view all the answers
Chapter 61J2 consists of the rules of the Florida _______ Commission.
Signup and view all the answers
Administrative rules developed under Chapter 120 are not published in the Florida Administrative Code.
Signup and view all the answers
Study Notes
Florida Statute Chapter 20
- Establishes the organizational structure of the executive branch of Florida's government.
- Florida Constitution outlines legislative, executive, and judicial branches, with the executive branch responsible for program implementation.
- Department of Business and Professional Regulation (DBPR) is central to executing policies from the Legislature.
Florida Statute Chapter 475 (Overview)
- Known as the Real Estate Professional Practice Act.
- Defines the legal rights and responsibilities of real estate licensees and appraisers.
- Divided into four distinct parts.
Florida Statute Chapter 475 (Part I)
- Pertains to real estate brokerage operations.
- Real estate licensees must be knowledgeable about the provisions of this chapter.
- Florida Real Estate Commission (FREC) oversees the implementation and enforcement of Chapter 475's regulations.
Florida Statute Chapter 475 (Part II)
- Focuses on the requirements for licensed and certified real estate appraisers as per federal law.
- Florida Real Estate Appraisal Board (FREAB) regulates state-certified, licensed, and trainee appraisers.
- FREAB functions similarly to FREC in terms of licensee discipline procedures.
Florida Statute Chapter 475 (Part III)
- Known as the Commercial Real Estate Sales Commission Lien Act.
- Grants brokers lien rights for earned commissions on commercial property sales, excluding residential properties.
- The lien only affects the owner's net proceeds from the sale, not the commercial property itself.
Florida Statute Chapter 475 (Part IV)
- Entitled the Commercial Real Estate Leasing Commission Lien Act.
- Provides brokers with lien rights relating to earned commissions from leasing commercial real estate.
Florida Statute Chapter 455
- Sets general provisions for the DBPR and all its regulated professions, including real estate.
- Specifies that non-U.S. citizens cannot be disqualified from practicing regulated occupations in Florida.
- Outlines rules for commission and board organization, meetings, and enforcement against unlicensed practice.
Florida Statute 120
- Functions as the Administrative Procedure Act for regulatory agencies in Florida.
- Details the licensing and disciplinary processes for real estate licensees.
Florida Statute Chapter 61J2
- Comprises the rules enforced by the Florida Real Estate Commission.
- Developed under the rulemaking process defined in Chapter 120, Florida Statutes.
- Rules refine statutory provisions of Chapter 475, offering detailed guidance on professional practice standards in real estate (appraisal rules are found in Chapter 61J1).
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
This quiz covers Florida Statute 20, which establishes the organizational structure of the executive branch of Florida's government. It explains how the executive branch implements legislation and the role of various departments, including the Department of Business and Professional Regulation. Test your knowledge of Florida's governmental structure.