What Florida agency is responsible for investigating real estate complaints?

What Florida agency is responsible for investigating?

The Division of Real Estate is charged with the responsibility of investigation of potential licensees and current licensees. Complaints against brokers and salespeople occur in the real estate business.

What is the Florida statute that gives the DBPR the power to investigate consumer complaints?

Chapter 455 of the Florida Statutes gives the DBPR the power to investigate consumer complaints, issue subpoenas upon conducting investigation, issue cease and desist orders, and issue citations.

Who oversees the DRE which administers the Frec to regulate real estate in Florida?

The FREC regulates administrative matters for the real estate profession. The ______________________ oversees the DRE, which administers the FREC to regulate real estate in Florida. This authority is held by the DBPR.

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What is legally sufficient complaint?

A written complaint is “legally sufficient” to instigate an investigation if it contains “ultimate facts” that show a violation of statute or rule; that is, it is not sufficient if it contains a bare assertion that the law has been violated, it must contain facts showing how the violations occurred.

When a complaint is filed against a real estate licensee in Florida who or what entity is responsible for investigating the complaint?

The licensee must appeal within 30 days to the District Court of Appeals. What Florida agency is responsible for investigating real estate complaints? DBPR: If the complaint is in writing and signed by the complainant, the DBPR is charged with the responsibility of investigation.

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.

What is the maximum reimbursement that can be paid from the Florida real estate recovery fund for a single Judgement?

The amount that may be paid from the real estate recovery fund may not exceed twenty thousand dollars ($20,000) per judgment and an aggregate lifetime limit of fifty thousand dollars ($50,000) with respect to any one (1) licensee.

Which violation of real estate law is a third degree felony?

Which violation is a third-degree felony? The answer is individual performs real estate services for compensation without a real estate license. It is a third-degree felony for an individual to perform real estate services for compensation without a real estate license.

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Which power gives the Frec the authority to regulate and enforce real estate license Law?

Quasi-legislative powers give the FREC the power to make and pass rules regulating the operation of licensees and the real estate profession.

Which power is not given to the Florida real estate Commission?

Which power is NOT given to the Florida Real Estate Commission? The answer is imposing jail sentences. Jail time must be imposed by a criminal court. The FREC is empowered to make determinations of license law violations and impose administrative penalties.

How is the Florida real estate Recovery Fund funded?

The RF is funded by a fee of $3.50 added to the license fee of new and renewal broker’s licenses, as well as a fee of $1.50 added to the license fee of new and renewal sales associate licenses. In addition, all moneys collected from fines imposed and collected by FREC are transferred to the RF.