Florida Real Estate 3 Hour Core Law Online For Sales Associates & Brokers

All real estate sales associates and brokers are required to have three hours of core law included in their 14 hours of Continuing Education.  3 hours of Core Law are already included in the full 14 Hour Continuing Education course and can be ordered separately.

If you have completed the 14 Hour Continuing Education course,  you do not need to take the 3 Hour Core Law course. The only time you will need to take the 3 Hour Core Law separately is if you only have 11 hours of Continuing Education credits.  Sometimes these credits are given through classes from your local board including seminars and other approved Continuing Education courses.

3 Hour Core Law Online Course

FREC Approved 3 Hour Core Law Course Only $14.00

This course is the newest version Core Law course to meet your license requirements.

  • Meets the 3-hour FREC prescribed core law education requirements.
  • Offers timely and critical information in short, lively units, with interspersed practice questions.

The final exam is a bank of 50 questions that is set to present five unique 10-question exams. Each question has a review link that simulates an “open-book” exam.

Continuing Education for Real Estate Professionals

Includes the newest edition course book plus a 30 question open book exam.

Continuing Education for Real Estate Professionals 19th Edition

When you order the course book,  It comes with a 30 question open book test bubble sheet that you can fill out and fax or email back to us to grade.   This will fulfill your 14 hour requirements for continuing education.  All course credits are reported promptly to the DBPR.  It is your responsibility to renew your license.

Subjects Covered In The 3 Hour Core Law Course

UNIT ONE — REAL ESTATE LICENSE LAW UPDATE

HISTORY OF FLORIDA’S LICENSE LAW

THE FLORIDA REAL ESTATE COMMISSION

  • Organization of the Florida Real Estate Commission
  • Administration of the Real Estate License Law
  • Registration of Brokerage Entities

 

LICENSE REQUIREMENTS

  • Unlicensed Practice of Real Estate Is a Felony
  • Members of the Armed Services and Spouses

 

REQUIRED EDUCATION FOR RENEWING AN INITIAL LICENSE

REQUIRED EDUCATION FOR SUBSEQUENT RENEWALS

  • Ethics Requirement

 

DBPR RENEWAL PROCESS

DBPR RENEWAL PROCEDURES

INACTIVE LICENSES

ADVERTISING

  • Advertising Membership in Associations and Professional Designations
  • Personal Names in an Ad
  • Internet Advertising

 

ADDRESS CHANGES MUST BE REPORTED TO THE DBPR

SALES ASSOCIATES MAY BE PAID DIRECTLY BY THE CLOSING AGENT

PAYING REFERRAL FEES

PREPARING APPRAISALS

RECENT CHANGES TO REAL ESTATE REGULATION IN FLORIDA

  • Changes to Chapter 61J2, Florida Administrative Code

 

CASE STUDY – APPLICANT FAILS TO REPORT CRIMINAL HISTORY

UNIT TWO — ESCROW ACCOUNTS AND DISCIPLINARY ACTION

ESCROW ACCOUNTS

  • Sales Escrow Accounts

 

TIMELY DEPOSIT OF FUNDS RECEIVED

  • When the Deposit Is Held by a Title Company or an Attorney
  • Disbursing Funds from a Broker’s Escrow Account

CONFLICTING DEMANDS FOR ESCROWED FUNDS

  • Procedures in Escrow Deposit Disputes
  • Exceptions to the Conflicting Demands Requirements
  • Be Careful Using the Financing Clause Contingency Exception
  • Brokers’ Rights to Deposits for Commissions

 

PROPERTY MANAGEMENT ESCROW ACCOUNTS

  • Disposition of Security Deposits
  • Conflicting Demands Between Landlord and Tenant
  • Disbursement to Property Owners

 

BROKERS’ RECORDS

  • Record Retention
  • Brokerage Office Inspections and Audits

 

REAL ESTATE RECOVERY FUND

  • Procedure for Filing a Claim
  • Amount to Be Reimbursed
  • Penalties for Payments from the Fund
  • Disbursements for Broker’s Compliance with an Escrow Disbursement Order

 

VIOLATIONS

  • Procedure for Filing a Complaint
  • FREC Penalties
  • Notifying DBPR of Convictions or Pleas

 

DEPARTMENT OF REAL ESTATE’S THREE RESPONSES TO LICENSE LAW VIOLATIONS

  • Notification of Noncompliance
  • Citation
  • Administrative Complaint

 

CASE STUDY – FUNDS ARE MISSING FROM THE TRUST ACCOUNT

UNIT THREE – OTHER STATE LAWS AND FEDERAL LAWS AFFECTING REAL ESTATE

CONDOMINIUM ACT (CHAPTER 718, F.S.)

Recent Changes to the Condominium Act

VACATION AND TIME-SHARE PLANS (CHAPTER 721,F.S.)

  • Disclosure Required When Listing a Resale TimeShare Period
  • Disclosures Required When Selling a Resale TimeShare Period
  • Disclosures Required When Selling New Time-Share Units
  • Time-Share Resale Accountability Act

 

INTERSTATE LAND SALES FULL DISCLOSURE ACT

HOMEOWNERS ASSOCIATION DISCLOSURE
(CHAPTER 720, F.S.)

COMMUNITY ASSOCIATION MANAGEMENT ACT
(CHAPTER 468, F.S.)

THE NATIONAL AND STATE DO-NOT-CALL REGISTRIES

  • Scammers’ Call Volumes Have Increased
  • Accessing the National Do Not Call Registry
  • Florida Do Not Call Program

 

THE CAN-SPAM ACT

THE JUNK FAX PREVENTION ACT

  • Opt-Out Notice Requirements
  • Fax Broadcasters

 

AMENDMENT 1 REGARDING PROPERTY TAX RELIEF

  • Portability of the Save Our Homes Benefit
  • $25,000 Exemption for Tangible Personal Property
  • Ten Percent Annual Assessment Limitation for Non-Homestead Property
  • Reduction of Business Rent Tax

AD VALOREM TAX DISCLOSURE (CHAPTER 689, F.S.)

FEDERAL TAX LAWS AFFECTING REAL ESTATE

  • Exclusion of Gain from the Sale of a Personal Residence
  • Federal Withholding Taxes for Foreign Sellers
  • Federal Withholding Tax for Rental Income of Foreign Investors
  • Exception to the Withholding Requirement

 

OTHER FEDERAL TAX LAWS

  • Reporting cash payments greater than $10,000
  • Geographic Targeting of High-End Cash Buyers
  • Deductibility of Expenses
  • Deducting the Home Office
  • Taxation of Independent Contractors

 

CHANGES TO THE FLORIDA RESIDENTIAL LANDLORD AND TENANT ACT

CONSTRUCTION LAWS RELATING TO UNLICENSED ACTIVITY AND BUILDING CODE VIOLATIONS

  • Unlicensed Contractors
  • Real Estate Licensees’ Exemptions from the
    Contractor’s Law
  • Disclosure of Building Code Violations

 

BUILDERS MUST TELL BUYERS ABOUT RETAINING SUBSURFACE RIGHTS

LOCAL BUSINESS TAXES

HOMEOWNER CLAIMS BILL OF RIGHTS PROTECTS

CONSUMERS FROM UNSCRUPULOUS INSURERS

CASE STUDY—NOTIFY FREC PROMPTLY IN CASE OF
GOOD-FAITH DOUBT ABOUT AN ESCROW DEPOSIT