According to Rule 61J2-24.001(3)(h), Florida Administrative Code, even if this is your first license-related disciplinary action, the minimum penalty for violating this statute is a suspension of your license for anywhere between 30 days and permanent revocation, in addition to a fine in the amount of $250 to $1,000 …
What is the maximum period of time a real estate license may be suspended in Florida?
License Suspension – The maximum period is ten years. (A summary suspension can only be issued by the DBPR Secretary if a licensee’s actions are considered dangerous to the public at large) License Revocation – Permanent loss of the ability to practice real estate in the state of Florida.
How long can Florida real estate license be inactive?
Your Florida real estate license can be inactive for two years, but the length of time you leave it in an inactive status will determine the path you need to take to reactivate it as we will explain below.
How can you lose your real estate license in Florida?
What Are the Top Reasons a Real Estate Agent Loses Their License?
- Breaching Client Confidentiality. …
- Failing to Disclose Information. …
- Mishandling or Stealing Client Money. …
- Certain Criminal Convictions. …
- Mortgage Fraud. …
- Violating the Fair Housing Laws. …
- Failing to Meet Licensing Requirements.
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.
When can I renew my Florida real estate license?
When do I need to renew my Florida real estate license? Florida real estate licenses expire either March 31st or September 30th, every other year. Your renewal date will be determined by the date that you passed your exam.
Can you get a real estate license with a DUI in Florida?
A conviction does not bar you from applying for and obtaining your Florida real estate license. The application will ask you to discuss your history and your conviction.
How long do I have to activate my Florida real estate license?
A Florida real estate licensee may reactivate a license that has been involuntarily inactive for 12 months (or less) by completing a minimum of 14 hours of an FREC-prescribed continuing education course. The appropriate DBPR form to use is the DBPR RE 11.
How do I activate my inactive real estate license in Florida?
If your license has been inactive for less than one year, you can get it reactivated by completing 14 hours of continuing education. If it has been inactive for more than 12 months but less than 24 months, you’ll have to take 28 hours of continuing education credits, including the core law requirements.
What is involuntary inactive?
Involuntary Inactive/Inactive – This means a licensee has not met renewal. requirements and prior to the expiration of the license they were not practicing. real estate services. The licensee will not be able to change their status until the. requirements for renewal have been met.
Can a revoked real estate license be reinstated in Florida?
Revocation of a Florida Real Estate License Does Not Prohibit Reapplication for a New License. The Florida Real Estate Commission (the “FREC”) and the Department of Business and Professional Regulation (the “DBPR”) have taken the position that revocation of a license is permanent.
Can I get a Florida real estate license with a felony?
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.
What is renunciation in real estate?
Renunciation (also called Disclaimer for federal tax purposes) is the formal rejection of an inheritance of property. It is valid for real or personal property that is given by will, beneficiary designation, or through intestate succession.
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.
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.
Who is exempt from Florida real estate license?
Individuals with a 4-year degree, or higher, in real estate are exempt from the sales associate 63 hour pre-licensing or the broker 72 hour pre-licensing course, but must make application and take the state exam.