What is the maximum period a real estate license can be suspended?
While suspensions are generally imposed for at least thirty days and not longer than one year, these limits are not applicable when the cause of the suspension is “remediable”, that is something the suspended REALTOR® can correct, thereby lifting the suspension.
How can you lose your real estate license in Florida?
If you’re a licensed real estate broker in the State of Florida and you are convicted of a crime, even one unconnected to your profession and committed outside Florida, you may not only serve time in prison and be made to pay thousands of dollars in criminal fines, you could also lose your license, and with it your …
How do I reactivate 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.
What happens if I voluntarily inactive My Florida real estate license?
This is known as a voluntary inactive license. If you fail to renew your active (or voluntary inactive) license prior to the expiration date, (other than the first renewal), the real estate license automatically reverts to a status of involuntary inactive.
What happens if I don’t renew my Florida real estate license?
If you do not renew your real estate license within 6 months of your renewal date, your license will be changed to an inactive status. If you do not renew your real estate license within 2 years after your renewal date, you must reapply for a new license and pass the State exam again.
What happens if I dont pay MLS fees?
After 45 days, a single late subscriber payment can result in MLS suspension. To avoid losing MLS access, brokers can keep track of agent payments and, when online records are available, confirm them on their MLS member website when yearly dues come around.
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.
What does it mean when a house is suspended?
Your listings may be suspended if you fail to meet the basic requirements overall rating, response rate, accepted reservations, or cancellations. If your listing is suspended, it won’t show up in search results and you won’t receive any new bookings.
What disqualifies you from being a real estate agent 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.
How much does it cost to renew real estate license in Florida?
How much does it cost to renew my Florida real estate license? It will cost $64 for Sales Associates and $72 for Brokers to renew your license through the Department of Business and Professional Regulation (DBPR).
Can I renew my real estate license after it expires in Florida?
I missed the due date for my Florida real estate license renewal, can I still renew? Yes. … Failure to complete the 14-hour continuing education within 12 months after the expiration date will result in additional education requirements – 28 hours Reactive Education.