4 Mar, 2024

Understanding the Composition and Responsibilities of the Florida Real Estate Commission

The Florida Real Estate Commission (FREC) is a regulatory body responsible for overseeing real estate practices and licensing within the state of Florida. Four brokers who have been licensed for at least five years each. One active sales associate or broker who has been licensed for at least two years. Two customer members who have […]

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13 Feb, 2024

Deciphering Lease Agreements: Understanding the Contrast between Gross and Net Leases in Real Estate

A gross lease and a net lease are two different types of lease agreements, commonly used in commercial real estate. The main difference between the two lies in which party is responsible for paying certain expenses associated with the property. 1. Gross Lease: – In a gross lease, the tenant pays a fixed rental amount, […]

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29 Jan, 2024

Conversion VS. Commingling

In the context of real estate, conversion and commingling are two distinct concepts related to handling and managing funds, particularly those entrusted to a real estate professional or agent. Let’s explore the differences between conversion and commingling: Conversion: Definition: Conversion refers to the improper use or misappropriation of funds that have been entrusted to a […]

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22 Jan, 2024

Understanding Inactive Status in Florida Real Estate Voluntary vs. Involuntary

In the state of Florida, real estate licenses can become inactive through either voluntary or involuntary means. Here’s a brief explanation of the differences between voluntary inactive and involuntary inactive status: Voluntary Inactive Status: Choice of the Licensee: Real estate licensees in Florida may choose to place their license in voluntary inactive status. This is […]

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15 Jan, 2024

Overview of Education Exemptions in Florida Real Estate Licensing: Degrees, Attorneys, and Course Requirements

A general overview of education exemptions for Real Estate licenses in Florida: FREC Course I and Course II: 4-Year Real Estate Degree: Individuals with a 4-year or higher degree in real estate from an accredited institution are exempt from taking FREC Course I. Florida-Licensed Attorney: Florida-licensed attorneys are exempt from the FREC Course I, but […]

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8 Jan, 2024

For the Florida Real Estate Exam: Options for Online and In-Person Testing

          Online Exam: Remote Proctoring:This allows candidates to take the exam from a location of their choice using a computer with a stable internet connection. A remote proctor monitors the exam using webcam and screen-sharing technology to ensure security and adherence to testing rules. Requirements: To take the exam online, candidates […]

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5 Jan, 2024

Navigating Interstate Real Estate Licensing: Understanding Reciprocity and Mutual Recognition in Florida

In the context of real estate licensing, mutual recognition agreements and reciprocity are mechanisms that allow individuals licensed in one state to potentially obtain a license in another state without having to fulfill all the usual licensing requirements. Reciprocity: This is an arrangement between two states where one state agrees to accept the real estate […]

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27 May, 2022

Apply for a Florida Real Estate License

To apply for your license: Get your fingerprints taken by a real estate fingerprinting place near you. In case they ask you, the ORI code for real estate in Florida is FL920010Z Recommended www.apexfingerprinting.com  Or just google places near where you live Wait for 3 to 5 days after you get your fingerprints taken. Go to www.myfloridalicense.com (DBPR’s website) and apply under Real Estate Commission for the Initial Sales Associate License. Home screen – Apply for a License (yellow button) Choose Real Estate Commission from the […]

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15 Oct, 2021

Get a Florida Real Estate License

The most common question we get over the phone is what a student needs to do to obtain the real estate license in Florida. We will summarize the most important steps in this article. First step: You take the 63 Hour Pre-license real estate course, and pass the exam at the end of the class. You […]

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