RENEW REAL ESTATE LICENSE
45 Hour Online Courses
This package has everything you need to meet your Florida Real Estate Post-Licensing requirements, including the 45-hour online course, and our popular Florida Post-Licensing eBook.
- **Student will have access to the course for 12 months to complete.**
- Start Online Course
14 Hour Online Courses
Get everything you need to renew your license with this convenient package which includes an eBook of Continuing Education for Florida Real Estate Professionals 15th Edition along with an online final exam. This updated edition of our comprehensive Florida continuing education text contains the most recent changes to Florida Law‚ as well as FREC rule changes. Topic coverage includes the new FHA 203(k) program‚ plus much more. This book is a popular interactive approach to the 14–hour CE course, offering timely and critical information in short‚ lively chapters‚ interspersed with progress quiz questions.
- **Student will have access to the course for 12 months to complete.**
- Start Online Course
60 Hour Online Courses
Florida requires that new real estate brokers complete 60 hours of approved broker post-licensing education. This package meets that requirement with two 30-hour online courses and course-specific eBooks.
- **Student will have access to the course for 12 months to complete.**
- Start Online Course
14 Hour Online Courses
Get everything you need to renew your license with this convenient package which includes an eBook of Continuing Education for Florida Real Estate Professionals 15th Edition along with an online final exam. This updated edition of our comprehensive Florida continuing education text contains the most recent changes to Florida Law‚ as well as FREC rule changes. Topic coverage includes the new FHA 203(k) program‚ plus much more. This book is a popular interactive approach to the 14–hour CE course, offering timely and critical information in short‚ lively chapters‚ interspersed with progress quiz questions.
- **Student will have access to the course for 12 months to complete.**
- Start Online Course
Florida Continuing Education Course (14-Hour CE)
Who is it For?
All Florida Real Estate Professionals. Both brokers and sales license levels.
When to take it?
The next renewal cycle after initial post-license period has been completed.
How many units are in the online self-paced course?
14-units
What else do I need to know?
Florida Continuing Education Course Instructions
We will do our very best to make the process of completing your continuing education requirements as simple as possible. Please be aware that our Learning Management System runs in Central Standard Time (CST). Your course access will expire at 11:59:59 pm CST on the expiration date. To ensure that you are meeting the state requirements, please complete all education prior to midnight Eastern Standard Time (EST) on the date your license expires.
Here is what you will need to do to help the process run smoothly:
1. PROVIDE ADDITIONAL DATA
The Florida Real Estate Commission requires that your school submit your completion with your Real Estate License number. Please be sure you have provided this information or it may delay the reporting of your completion and the creation of your certificate of completion.
2. COMPLETE YOUR ONLINE COURSE
You must complete all of the content within the course in order to receive credit. Be aware that if you are inactive in a course for twenty minutes, the course will time out and you will need to log back in.
In the Table of Contents within your course, on the left, you can click the + sign to expand each section. On the right hand side, you will see check marks turn from gray to black as you complete each section. You can also follow the percentage icon which will increase for every portion completed in each section, and clicking the bar chart will show you how much time you spent in that unit.
You will take a final exam for this course online. Florida requires you score 80% or higher to pass. This final exam must be completed in one sitting and per Florida regulations; you are allowed five attempts to successfully pass the exam. As a reminder, the exam is open book. Please utilize the content review option at the beginning of each question to help ensure that you successfully pass on the first attempt. If you lose internet connection during your exam you have 20 minutes to log back in and not lose your progress, but the exam timer will continue to run. It is highly recommended to use a hard-wired internet connection. Using a wireless connection may result in repeated connection loss. Use wireless at your own risk. You may not bookmark or suspend your exam to return to it at a later time.
Please be sure to provide an evaluation at the completion of the course content via the Feedback node in the course.
3. COURSE COMPLETION
Realty School 101 will provide a certificate of completion for your records. Realty School 101 will also submit your course completion information to the state. Please be sure you have provided your License number or it may delay the creation of your certificate and the process of reporting your completion to FREC.
If you have additional questions regarding license requirements, we recommend that you read the following FAQ from the Florida Real Estate Commission.
HOW TO REACH US FOR ASSISTANCE.
We are here to help.
For Customer Service or Instructor questions, please contact Realty School 101 via toll-free 24/7 live person support #888-385-0087 or by emailing realtyschool101@icloud.com. Realty School 101’s contact information can be located in your Order Confirmation Email, and can also be found in the Contact Us section of your Portal login page.
For Technical Support call 888-213-5124. Live representatives will be available Monday – Th from 8:00 am to 10:00 pm and F from 8:00 am to 9 pm Eastern Time.
You may prefer to reach Realty School 101 by email and we will respond promptly!
Prospective Student Support:
info@realtyschool101.com
Current Student Support:
RealtySchool101@icloud.com
All online students can ask instructors questions 24/7 by:
e-mailing info@realtyschool101.com
24/7 Live Person Support #888-385-0087
Table of Contents
Continuing Education for Florida Real Estate Professionals v18.0
Table of Contents
Course Orientation
Welcome
Unit 1: Real Estate License Law Update
Unit 1 Introduction
In This Unit
Important Changes You Should Carefully Review
Learning Objectives
Topic 1.1: License Law and Application Requirements
Learning Objective
History of Florida’s License Law
The Florida Real Estate Commission
License Requirements
Practice Questions
Topic 1.2: License Renewal
Learning Objective
Required Education for Renewing an Initial License
Required Education for Subsequent Renewals
DBPR Renewal Process
DBPR Renewal Procedures
Inactive Licenses
Topic 1.3: Licensed Activities
Learning Objective
Advertising
Address Changes Must Be Reported to the DBPR
Sales Associates May Be Paid Directly by the Closing Agent
Paying Referral Fees
Preparing Appraisals
Keeping It Legal
Practice Questions
Topic 1.4: Recent Law Changes
Learning Objective
Recent Changes to Real Estate Regulation in Florida
Case Study: Applicant Fails to Report Criminal History
Practice Questions
Case Study: Applicant Fails to Report Criminal History
Unit 2: Escrow Accounts and Disciplinary Action
Unit 2 Introduction
Learning Objectives
Topic 2.1: Escrow Accounts
Learning Objective
Escrow Accounts
Timely Deposit of Funds Received
Conflicting Demands for Escrowed Funds
Property Management Escrow Accounts
Brokers’ Records
Landlord, Broker, and Tenant Responsibility
Practice Questions
Topic 2.2: Real Estate Recovery Fund
Learning Objective
Real Estate Recovery Fund
Practice Questions
Topic 2.3: Complaints, Violations, and Penalties
Learning Objective
Violations
Department of Real Estate’s Three Responses to License Law Violations
Practice Questions
Case Study: Funds are Missing from the Trust Account
Unit 3: Other State and Federal Laws Affecting Real Estate
Important Changes You Should Carefully Review
Learning Objectives
Topic 3.1: Laws Affecting the Marketing and Sale of Real Estate
Learning Objective
Condominium Act (Chapter 718, F.S.)
Vacation and Time-Share Plans (Chapter 721, F.S.)
Interstate Land Sales Full Disclosure Act
Homeowners Association Disclosure (Chapter 720, F.S.)
Community Association Management Act (Chapter 468, F.S.)
Practice Questions
Topic 3.2: Laws Governing Contacts to Prospective Customers
Learning Objective
The National and State Do-Not-Call Registries
The CAN-SPAM Act
The Junk Fax Prevention Act
Practice Questions
Topic 3.3: Tax Laws Affecting Real Estate
Learning Objective
Amendment 1 Regarding Property Tax Relief
Ad Valorem Tax Disclosure (Chapter 689, F.S.)
Federal Tax Laws Affecting Real Estate
Other Federal Tax Laws
Practice Questions
Topic 3.4: Other Important Laws Affecting Real Estate
Learning Objective
Changes to the Florida Residential Landlord and Tenant Act
Construction Laws Relating to Unlicensed Activity and Building Code Violations
Builders Must Tell Buyers About Retaining Subsurface Rights
Local Business Taxes
Homeowner Claims Bill of Rights Protects Consumers from Unscrupulous Insurers
Practice Questions
Case Study: Notify FREC Promptly in Case of Good-Faith Doubt About an Escrow Deposit
Practice Questions
Case Study: Notify FREC Promptly in Case of Good-Faith Doubt About an Escrow Deposit
Unit 4: Business Ethics
Learning Objectives
Topic 4.1: Understanding Ethics and Situation Ethics
Learning Objective
What Does Ethics Mean and Why Is It Important?
Ethics and Morality
Situation Ethics
Practice Question
Topic 4.2: Ethics and the Law
Ethics and the Law
Practice Question
Topic 4.3: Ethical Violations
Learning Objective
Three Categories of Ethical Violations
Checklist for Ethical Decision Making
Practice Questions
Topic 4.4: Ethics in Sports, Education, and Business
Ethics in Sports
Ethics in Education
Ethics in Business
Practice Question
Topic 4.5: Ethics in Real Estate
Learning Objective
Ethics in Real Estate
Florida’s Ethics Requirement
National Association of REALTORS® Code of Ethics
National Association of REALTORS® Pathways to Professionalism
Practice Question
Case Study: The Rise and Fall of Arthur Andersen
Practice Questions
Case Study: The Rise and Fall of Arthur Andersen
Unit 5: Duties to Clients and Customers
Unit 5 Introduction
In This Unit
Learning Objectives
Overview
Topic 5.1: Code of Ethics and Standards of Practice of the National Association of REALTORS®
Learning Objective
Code of Ethics and Standards of Practice of the National Association of REALTORS®
Structure of the Code of Ethics
The Code and the Law
Changes to the Code of Ethics
Preamble to the Code of Ethics
Practice Questions
Topic 5.2: Duties to Clients, Customers, and Other Real Estate Professionals
Learning Objective
Duties to Clients and Customers—Articles 1–9
Definitions
Article 1—Protect and Promote the Client’s Interests
Practice Questions
Topic 5.3: Avoid Exaggeration, Misrepresentation, or Concealment of Pertinent Information
Article 2—Avoid Exaggeration, Misrepresentation, or Concealment of Pertinent Information
Article 2—Avoid Exaggeration, Misrepresentation, or Concealment of Pertinent Information (cont.)
Highest Score: 100%
Practice Question
Topic 5.4: Cooperate with Other Real Estate Professionals
Article 3—Cooperate With Other Real Estate Professionals
Practice Question
Topic 5.5: Conflict of Interest
Article 4—Disclose Personal Interests When Buying or Selling
Article 5—Disclose Personal Interests When Providing Services
Article 6—Disclose Fees or Financial Benefits for Recommending Services
Article 7—Compensation From More Than One Party
Practice Questions
Topic 5.6: Trust Funds and Written Contracts
Article 8—Trust Funds to Remain Separate
Article 9—Put It in Writing
Practice Question
Case Study: Act with Fidelity and Transparency to Your Client
Practice Questions
Case Study: Act With Fidelity and Transparency to Your Client
Unit 6: Duties to the Public and to Other Professionals
Unit 6 Introduction
In This Unit
Learning Objectives
Overview
Topic 6.1: Fair Housing and Equal Service to All
Learning Objective
Article 10—Fair Housing and Equal Service to All
Practice Question
Topic 6.2: Perform Competently
Article 11: Perform Competently
Practice Question
Topic 6.3: Honest Advertising
Article 12: Honest Advertising
Practice Question
Topic 6.4: Unauthorized Practice of Law and Cooperating with Investigations
Article 13: Unauthorized Practice of Law
Article 14: Cooperating with Professional Standards Investigations
Practice Question
Topic 6.5: Duties to REALTORS
Duties to REALTORS
Practice Question
Topic 6.6: Enforcing the Code
Learning Objective
Article 17—Enforcement of the Code of Ethics
Penalties for Violations of the Code of Ethics
Case Study: Cooperation with Other Brokers
Case Study: Cooperation With Other Brokers
Practice Questions
Case Study: Cooperation With Other Brokers
Unit 7: Real Estate Brokerage Relationships
Unit 7 Introduction
Learning Objectives
Topic 7.1: Brokerage Relationship Act
Learning Objective
Brokerage Relationship Disclosure Act
Practice Questions
Topic 7.2: Types of Brokerage Relationships
Learning Objective
Types of Brokerage Relationships
Transaction Broker Relationship
Single-Agent Relationship
Designated Sales Associate
No Brokerage Relationship
Retaining Brokerage Relationship Disclosure Documents
Single Agent and Transaction Broker Duties
Practice Questions
Case Study: Property Manager Fails to Notify the FREC of a Dispute Over a Rental Deposit
Practice Questions
Case Study: Property Manager Fails to Notify the FREC of a Dispute Over a Rental Deposit
Unit 8: Environmental Issues in Real Estate
Unit 8 Introduction
Learning Objectives
Topic 8.1: Laws Governing Real Estate Environmental Issues
Learning Objective
Comprehensive Environmental Response, Compensation, and Liability Act of 1980
Federal Residential Lead-Based Paint Hazard Reduction Act
Radon Gas Protection Act (Chapter 404.056, F.S.)
Coastal Zone Management Act
Practice Questions
Topic 8.2: Other Important Laws Affecting Real Estate
Learning Objective
Sinkholes and Catastrophic Ground Collapse
Chinese Drywall
Rising Seas
The National Flood Insurance Program
Practice Question
Case Study: Audit of Broker’s Escrow Account Reveals a Shortage
Practice Questions
Case Study: Audit of Broker’s Escrow Account Reveals a Shortage
Unit 9: Fair Housing
Unit 9 Introduction
Learning Objectives
Topic 9.1: Civil Rights Act of 1866 and 1968
Civil Rights Acts of 1866 and 1968
Florida Fair Housing Act (Chapter 760, F.S.)
Local Fair Housing Acts
Civil Rights Acts of 1866 and 1968
Practice Questions
Case Study: An Owner Discriminates Based on Race
Practice Questions
Case Study: An Owner Discriminates Based on Race
Unit 10: The Americans with Disabilities Act
Topic 10.1 Introduction
Learning Objective
Topic 10.1: Protecting Persons with Disabilities
Americans with Disabilities Act
Florida Americans with Disabilities Act (Chapter 760, F.S.)
AIDS Patients and Housing (Chapters 689.25 and 760.50, F.S.)
Practice Questions
Case Study: Landlord Charges Tenant $1,000 Pet Fee For Service Dog
Practice Questions
Case Study: Landlord Charges Tenant $1,000 Pet Fee for Service Dog
Unit 11: Laws Regulating Real Estate Finance
Pages Viewed: 2 of 2
Unit 11 Introduction
Learning Objectives
Topic 11.1: Consumer Financial Protection Bureau
Consumer Financial Protection Bureau
Equal Credit Opportunity Act
Fair Credit Reporting Act
Truth in Lending Act
Real Estate Settlement Procedures Act
Florida Anti-Kickback Laws
Homeowners Protection Act of 1998
Acts
Practice Questions
Case Study: Broker Fails to Supervise Sales Associate
Practice Questions
Case Study: Broker Fails to Supervise Sales Associate
Unit 12: Trends in Real Estate Financing
Unit 12 Introduction
Learning Objectives
Topic 12.1: Short Sales, Important FHA-Insured Programs
Learning Objective
Important FHA-Insured Programs
Short Sales
Topic 12.2: Housing and Mortgage Crisis
Learning Objective
Conventional Debt Ratios Increased
Florida’s Response to Mortgage Fraud
Form 1004 Appraisal Report
Appraisal Management Companies
Mortgage Assistance Relief Services
Practice Questions
Case Study: A Sales Associate’s Creative Ad Attracts Buyers
Case Study: A Sales Associate’s Creative Ad Attracts Buyers
Practice Question
Case Study: A Sales Associate’s Creative Ad Attracts Buyers
Unit 13: Contracts
Unit 13 Introduction
Important Changes You Should Carefully Review
Learning Objectives
Topic 13.1: Contract Law
Learning Objective
The Statute of Frauds
Unauthorized Practice of Law
Licensee Acting as a Buyer or Seller
Disclosures
Practice Questions
Topic 13.2: Sales Contracts
Learning Objective
Sales Contracts
Practice Questions
Case Study: Property Manager Was Not Licensed By the DBPR
Case Study: Property Manager Was Not Licensed By the DBPR
Practice Questions
Case Study: Property Manager Was Not Licensed By the DBPR
Unit 14: Closing Real Estate Transactions
Unit 14 Introduction
Learning Objectives
Topic 14.1: Closing Real Estate Transactions
Learning Objective
Closing Real Estate Transactions
Exclusions and Exceptions
Practice Questions
Case Study: Broker Inadvertently Operates Without a Current, Active License
Practice Questions
Case Study: Broker Inadvertently Operates Without a Current, Active License
Appendix A: National Association of REALTORS® Code of Ethics
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