Florida Real Estate Exam

Category - Florida

A real estate broker’s license could be revoked or suspended by the real Estate Commissioner for any of the following reasons EXCEPT:

  1. He has failed to supervise his sales associate
  2. He has demonstrated negligence or incompetence in performing a real estate act
  3. He has been convicted of fraud in a court suit levied against him for the loss
  4. Two reliable witnesses have given sworn testimony that the broker is mentally ill
Explanation
Answer D - If the broker is mentally ill, it is up to the Commissioner to establish that fact and two outside witnesses would not automatically give the Commissioner the right to revoke the broker’s license.

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