Applicants who hold a four-year Real Estate Degree are exempt from the 63-hour sales associate and 72-hour broker pre-licensing courses (Course I and Course II), but must pass the state licensing exam.
What disqualifies you from being a real estate agent in Florida?
What Felonies Will Exclude You From Becoming a Real Estate Agent? Whether or not you can get a real estate license in Florida boils down to is the type of felony you committed and how long ago it occurred. A moral turpitude felony, or a crime against a minor or elder, or a sexual crime is likely a deal-breaker.
Can a felon have a real estate license in Florida?
It all depends on the specific crimes on your record and how much time has passed since them. If you have a capital or first-degree felony, for example, your application will be denied. But if you committed a felony like tax evasion or breaking and entering and it’s been 15 years, your application might get approved.
Which individual is not exempt from holding a Florida real estate license?
Which individual is NOT exempt from holding a Florida real estate license? Certified public account (CPA) who is employed by a real estate corporation and received a salary plus bonuses based on real estate transactions. CPAs, when acting within the scope of their professional duties, are exempt from licensure.
Which individual is exempt from the licensing requirements of Florida Statute 475?
(d) The plumber must first be licensed under F.S. 475, Part II. Persons appointed by a court of law to perform real estate services are exempt from real estate licensing requirements when employed by government agencies, railroads, rural electric cooperatives, or public utilities.
Who denies Florida real estate license?
Under Florida Statute Section 475.25, the FREC has the power to deny an application for real estate licensure, as well as for registrations, permits, and renewals.
How far back does a real estate background check go in Florida?
How Far Back Do Background Checks Go in Florida? The FCRA has rules for how far back pre-employment background checks can go in Florida and elsewhere. Under this law, CRAs are forbidden from reporting arrest records that did not result in a conviction to be used for hiring decisions that are more than seven years old.
Can I get a Florida real estate license with a criminal record?
You may still apply for a real estate license in Florida if you have a criminal history. Rather than restricting those with certain convictions from applying, the Florida Real Estate Commission considers each applicant on their own merits.
Can a felon buy a house in Florida?
You can get a home loan despite having a felony. Having a felony conviction on your record can impact your life in many ways. … Most banks do not run criminal record checks before approving loans, and they are unlikely to deny you if you have good credit even if they are aware of your history.
What’s a crime of moral turpitude?
A crime of moral turpitude is a category of criminal offense, and as such, it can impact your immigration status. It has a frustratingly vague definition but it’s broadly defined as an act that is depraved or immoral, or a violation of the basic duties owed to your fellow man.
Who must hold a Florida real estate license?
Be at least 18 years of age. High school diploma or equivalent. United States Social Security number. Complete 63 hours of approved pre-licensing instruction within the last two years.
How much money does a real estate agent make in Florida?
According to the Bureau of Labor Statistics (BLS), the annual mean wage for Florida real estate agents in 2020 was a respectable $61,120.
Does Florida reciprocal real estate license?
Florida offers real estate reciprocity, known as “mutual recognition agreements’ with eight states: Alabama, Arkansas, Connecticut, Georgia, Illinois, Mississippi, Nebraska and Rhode Island.
What is the purpose of FS 475?
Its purpose is to fund real estate education projects and research in order to benefit the public and improve the knowledge of real estate licensees.
Which individual is exempt from real estate license quizlet?
Individuals who have earned a four-year degree or higher in real estate are exempt from the sales associate and broker prelicense courses, as well as the post-license requirement. They are not exempt from the continuing education requirement.
What is the FS 475?
Chapter 475, F.S., relates to real estate brokers, salesmen, and real estate schools, and sets forth certain regulatory requirements and prohibited activities to be administered and enforced by the Florida Real Estate Commission within the Department of Professional Regulation.