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frec: (FREC) The Florida Real Estate Commission
- 06/28/15 03:02 PM
The Florida Real Estate Commission
The Florida Real Estate Commission (FREC) is the regulatory body charged by the Florida Legislature to protect the general public by regulating real estate brokers and brokerage firms, broker associates, sales associates, and real estate schools and instructors.
The FREC is also charged with fostering the education of real estate licensees and permit holders. This includes the regulation of proprietary real estate schools and all noncredit, FREC-approved courses offered by colleges, universities, community colleges, and area technical centers.
The objective of such regulation is to protect the public (consumer protection) by ensuring that real estate licensees have … (0 comments)
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frec: FAQ: What are the CE requirements for sales associates?
- 03/09/14 02:37 PM
A minimum of 14 hours of commission-approved classroom instruction during each license renewal period (excluding the first renewal period of your current license when 45-hours of post-license education is required). A minimum of three of the 14 required hours must consist of the FREC-prescribed Core Law courses.
The other 11 hours may consist of “specialty” courses on real estate practices approved by FREC. A licensee who takes the 3-hour Core Law course in each year of the renewal period is allowed a total of 6 hours toward the 14-hour requirement. In such event, the “specialty” course hours need total only 8 … (3 comments)
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frec: FREC General Powers and Duties
- 11/03/13 07:02 AM
Commission General Powers and Duties
The powers and duties of FREC fall into three general areas of responsibility.
1) Executive Powers
− Power to regulate and enforce license law
2) Quasi-legislative
− Power to enact rules and regulations
3) Quasi-judicial
− Hears complaints, disciplines licensees, determines Recovery Fund claims
FREC powers and duties also include these specific duties:
Adopt a seal
− Becomes prima facie evidence that the document is authentic.
Foster education
− Fosters education in ethical, legal and business principles.
− Also prescribes post licensing education requirements to qualify for broker and sales associate license renewal.
Makes determinations of violations
− Reports criminal violations to the state’s attorney.
− Informs the Division of Condominiums, Timeshare, and Mobile Homes when disciplinary action is taken … (1 comments)
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frec: (FREC) Florida Real Estate Commission
- 11/03/13 06:54 AM
FLORIDA REAL ESTATE COMMISSION
The Florida Real Estate Commission (FREC) is the regulatory body charged by the Florida Legislature to protect the general public by regulating real estate brokers and brokerage firms, broker associates, sales associates, real estate schools and instructors.
− The objective is to protect the public by ensuring that real estate licensees have at least a minimal degree of competence..
Composition and Qualification
The Florida Real Estate Commission consists of Seven Members.
Five members are professional (licensed) members of which,
− (Four must have held active Florida Brokers licenses for 5yrs
− One must be a licensed broker or sales associate who has been active … (0 comments)
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frec: Florida Principles, Practices & Law v35.0 Online Licensing Course
- 05/07/13 09:37 AM
Florida Real Estate Principles, Practices & Law is the most comprehensive prelicensing course in the state of Florida. Published annually, this course reflects the most recent legislative changes in Florida. The content conforms to the Florida Division of Real Estate's prescribed Florida Real Estate Commission (FREC) Course I Syllabus for the prelicense course for sales associates.
1. The Real Estate Business
2. License Law and Qualifications for Licensure
3. License Law and Administration
4. Brokerage Relationships and Ethics
5. Real Estate Brokerage Operations
6. Complaints, Violations and Penalties
7. Federal and State Housing Laws
8. Property Rights: Estate, Tenancies, and Multiple Ownership Interests
9. Titles, Deeds, … (0 comments)
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frec: The Florida Real Estate Commission
- 11/24/11 01:28 AM
The Florida Real Estate Commission (FREC) is the regulatory body charged by the Florida Legislature to protect the general public by regulating real estate brokers and brokerage firms, broker associates, sales associates, real estate schools and instructors.
The objective of such regulation is to protect the pubic by ensuring that real estate licensees have a least a minimal degree of competence.
The FREC consists of Seven Members
Five members are professional(licensed) members (Four must have held active Florida Brokers licenses for 5yrs One must be a licensed broker orsales associate who has been active two years proceeding appointment. Two are consumermembers … (0 comments)
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frec: A Federally Related Transaction
- 06/12/11 05:11 PM
A Federally Related Transaction must be prepared by a state-certified or licensed appraiser. Unless a real estate-related financial transaction has been specifically exempted, Certified or licensed appraiser is not required if the transaction value is $250,000 or less. •The transaction value is the loan amount and in some situations, the market value.
Market Value means the most probable price a property will bring from a fully informed buyer, willing but not compelled to buy and the lowest price a fully informed seller will accept if not compelled to sell.
Real estate licensees are cautioned that just because a transaction is not … (0 comments)
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frec: The Florida Real Estate Commission (FREC)
- 05/21/11 05:59 AM
The Commission consists of seven members:Five professional members and two consumer members. Four of hte professional members must have held active broker license during the five years preceding appointment. The fifth professional member must have been licensed as an active broker or sales associate for the two years proceeding appointment.
Captain Wayne Rowlett welcomes you to the finest Florida Real Estate School dedicated to providing you with the latest edition material and up-to-date information. Enjoy learning with our custom Power Point presentations and trainiing techniques designed to enhance your learning experience.
For information on our classroom courses and online courses visit … (0 comments)
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frec: FREC Powers and Duties
- 05/11/11 11:03 AM
FREC powers and duties include these specific responsibilities:-Adopt a seal-Foster education -Make determinations of violations-Regulate professional practices-Create and pass rules and regulations-Establish fees-Grant and deny applications for licensure-Suspend or revoke license and impose fines
The powers of FREC are limited to administrative maters and do not extend to criminal actions. The FREC may not impose imprisonment as a penalty. Primary purpose; enforce duties and obligations as they apply to individuals and firms actively engaged in the real estate business. Decisions and policies are carried out by the (DER) Division of Real Estate FREC Powers and Duty Information courtesy of Rowlett Real … (0 comments)
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frec: The Florida Real Estate Commission (FREC)
- 04/25/11 11:50 AM
The Florida Real Estate Commission (FREC) and the Florida Real Estate Appraisal Board (FREAB) are headquartered in Orlando, FL. The FREC is comprised of seven members (five real estate licensees and two persons never licensed in real estate). The FREAB is comprised of seven members (four appraisers, one consumer and two Florida residents with no connection to the practice of real estate appraisal). Members of both are appointed by the Governor and confirmed by the Florida Senate.
Mission: Protecting the public by regulation of real estate and appraisal licensees through education and compliance.
Vision: To be a trusted resource to real … (0 comments)
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frec: Florida Real Estate License to expire on change of address
- 04/20/11 09:32 AM
A Florida license shall cease to be in force whenever a broker changes her or his business address, a real estate school operating under a permit issued pursuant to s. 475.451 changes its business address, or a sales associate working for a broker or an instructor working for a real estate school changes employer.
The licensee shall notify the commission of the change no later than 10 days after the change, on a form provided by the (FREC) Florida Real Estate Commission. When a broker or a real estate school changes business address, the brokerage firm or school permit holder must … (0 comments)
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The Florida Real Estate Commission 
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