Florida Reactivation Online Course
30169401
Total TimeUnitUnit TimeLearning Objectives
300License Law and Qualifications for Licensure• define sales associate, broker associate, and broker;
• list the academic requirements for sales associate and broker licenses;
• list the application requirements for sales associate and broker licenses;
• identify services of real estate requiring licensure;
• recognize exemptions from licensure; and
• distinguish between post-licensing education and continuing education.
Reading Assignment 1
Reading Comprehension Quiz 1
Unit Exam 1
135License Law and Administration• describe the composition and member qualifications of the Florida Real Estate Commission;
• explain how members of the Commission are appointed;
• distinguish between active and inactive license status;
• explain the purpose of multiple and group licenses; and
• distinguish between void licenses and ineffective licenses
Reading Assignment 2
Reading Comprehension Quiz 2
Unit Exam 2
135Brokerage Relationships and Ethics• distinguish between the terms general agent and special agent;
• describe which legal provisions apply only to residential real estate transactions;
• describe the duties and disclosure requirements of a transaction broker;
• describe the duties and disclosure requirements that single agents have to their principals;
• define a dual agent;
• describe the purpose and requirements of the no brokerage relationship notice;
• list the no brokerage relationship duties;
• describe the process of transition from a single agent to a transaction broker;
• identify actions that will terminate an agency; and
• recognize activities that are considered to be fraudulent.
Reading Assignment 3
Reading Comprehension Quiz 3
Interactive Exercises
Unit Exam 3
150Real Estate Brokerage Operations
• identify the requirements for a broker's office(s);
• explain what determines whether a temporary shelter must be registered as a branch office;
• list the requirements related to sign regulation;
• list the requirements related to the regulation of advertising by real estate licensees;
• explain the term immediately as it applies to earnest money deposits;
• describe the four settlement procedures available to a broker who has received conflicting demands or who has a good-faith doubt as to who is entitled to disputed funds;
• explain the rule regarding the advertisement of rental property information or lists or negotiation of rentals;
• describe the obligations placed on a sales associate who changes employers; and
• contrast the features of the various types of business organizations.
 
Reading Assignment 4
Reading Comprehension Quiz 4
Interactive Exercises
Unit Exam 4
135Complaints, Violations, and Penalties• explain the procedures involved in the reporting of violations, the investigation of complaints, and the conduct of hearings;
• describe the elements of a valid complaint;
• describe the composition of the probable-cause panel;
• describe events that would cause a license to be denied;
• recognize actions that would cause a license to be subject to suspension or revocation;
• identify individuals who would be eligible to seek reimbursement from the Real Estate Recovery Fund; and
• describe the monetary limits imposed by law on the Real Estate Recovery Fund.
Reading Assignment 5
Reading Comprehension Quiz 5
Interactive Exercises
Unit Exam 5
135Federal and State Housing Laws• describe the features of the Civil Rights Acts of 1866 and 1968;
• recognize examples of steering, redlining, and blockbusting;
• describe the features of the Truth-in-Lending Act, the Equal Credit Opportunity Act, and the Real Estate Settlement Procedures Act; and
• describe the provisions of the Florida Residential Landlord and Tenant Act.
Reading Assignment 6
Reading Comprehension Quiz 6
Unit Exam 6
140Real Estate Contracts• list and describe the essentials of a real estate contract;
• describe the differences between formal contracts and parol contracts;
• distinguish among bilateral, unilateral, implied, express, executory, and executed contracts;
• describe the various ways in which an offer is terminated;
• describe the various methods of terminating a contract;
• explain the remedies for breach of a contract;
• describe the effect of the statute of frauds and the statute of limitations;
• describe the elements of an option; and
• differentiate among the various types of listings.
Reading Assignment 7
Reading Comprehension Quiz 7
Interactive Exercises
Unit Exam 7
135Computations and Title Closing• compute a sale commission;
• calculate the percent of profit or loss, given the original cost of the investment, the sale price, and the dollar amount of profit or loss;
• amortize a level-payment plan mortgage when given the principal amount, the interest rate, and the monthly payment amount;
• prorate the buyer's and seller's expenses using either the 30-day-month method or the 365-day method;
• calculate the dollar amount of transfer taxes on deeds, mortgages, and notes; and
• allocate taxes and fees to the proper parties and compute individual costs.
Reading Assignment 8
Reading Comprehension Quiz 8
Unit Exam 8
135Real Estate Investment Analysis and Business Opportunity Brokerage• identify the advantages and disadvantages of investing in real estate;
• distinguish among the various types of risk;
• explain the concepts of liquidity and leverage;
• describe the similarities and differences between real estate brokerage and business brokerage;
• describe the types of expertise required in business brokerage;
• distinguish among the methods of appraising businesses; and
• describe the steps in the sale of a business.
Reading Assignment 9
Reading Comprehension Quiz 9
Interactive Exercises
Unit Exam 9
Final Exam
1400TOTAL MINUTES
28TOTAL HOURS (50-MINUTE HOURS)