Florida Real Estate Exam

Category - Florida

Broker Bart was taken to court by a client who was suing the broker for fraud in a real estate transaction.  The client was successful and was awarded damages in the civil suit.  After the judgment has been handed down, the Real Estate Commissioner can immediately:

  1. Revoke the broker’s license
  2. Suspend the broker’s license pending a hearing
  3. File an accusation and statement of issues and proceed against the broker
  4. Hold a hearing with his deputies to decide if a Notice of Suspension should be mailed
Explanation
Answer C - The Real Estate Commissioner must follow the Administrative Procedure Act, which is to file an accusation and then proceed against the broker.

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