Best answer: Can a Florida attorney become a real estate broker?

Can a lawyer be a broker in Florida?

Exemptions from education requirements:

Lawyers: Any active member in good standing with the Florida Bar, who is otherwise qualified under the real estate license law, is exempt from the Florida Real Estate Commission ‘s prescribed prerequisite educational course for licensure as a real estate sales associate.

Who is exempt from real estate license in Florida?

Individuals with a 4-year degree, or higher, in real estate are exempt from the sales associate 63 hour pre-licensing or the broker 72 hour pre-licensing course, but must make application and take the state exam.

Can an attorney be paid a real estate commission in Florida?

Florida licensees are not allowed to pay a fee or compensate someone for real estate services who doesn’t hold a real estate license in Florida or another state – this includes attorneys.

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Which qualification is required for licensure as a Florida broker?

To become a Florida real estate broker, you must successfully complete the 72 Hour Broker Pre-License Course, submit an application with fee ($91.75), have electronic fingerprints taken through PearsonVUE ($53.50) and successfully complete the state examination ($36.75).

How do I become a real estate attorney in Florida?

Who May Apply?

  1. Practice of law for at least five years;
  2. Substantial involvement in the specialty of real estate law — 40% or more — in the three years immediately preceding application;
  3. 45 hours of approved real estate law certification continuing legal education in the three years immediately preceding application;

Where is Florida real estate law found?

Real estate law is found under Chapter 475, Part 1, Florida Statutes. The Commission is allowed to write the rules regarding real estate under these statutes, and those rules are found in Chapter 61J2, Florida Administrative Code.

How many times can you take the real estate exam in Florida?

You can take the Florida real estate exam as many times as you want to. Right now, it costs $36.75 each time you take it. So as long as you can afford it, and you are within your two year window, you can keep taking it.

How long does it take to become a real estate agent in Florida?

On average, the time it takes to get a Florida real estste license is anywhere between 2-5 months. Some students are able to complete the required 63-Hour Pre-License course in just a few weeks while other students may take several months depending on the time they have to spend within their course.

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Can you be a realtor with a felony in Florida?

If you have a capital or first-degree felony, for example, your application will be denied. But if you committed a felony like tax evasion or breaking and entering and it’s been 15 years, your application might get approved.

Can a real estate broker work for two firms in Florida?

You may be a broker of multiple corporations at the same time and be a sole proprietor. … Once you become a multiple broker, the licenses are not transferrable unless you end all relationships at the same time and move only one license to a new relationship as a broker or broker associate.

Can a real estate agent give commission to buyer in Florida?

If the buyer has hired an agent that offers a commission rebate, the agent will give them a portion of the commission offered by the seller’s agent. This amount varies based on the agent you select, and can even vary based on how many homes you tour. At SimpleShowing, our agents offer 1.5% back, or $5,000* on average.

Which violation of real estate law is a third degree felony?

Third degree felonies ─ Anyone that acts as a broker or sales associate without being the holder of a valid and current active license, or anyone falsifying information on an application for licensure, is guilty of a third degree felony punishable by a criminal fine of up to $5,000 and imprisonment of up to 5 years.

Is the Florida real estate exam hard?

How Hard Is the Florida Real Estate Exam? The exam can be challenging, but it is not something that should intimidate students! We created a Florida real estate exam prep course to help students pass their first time! The first-time pass rate for the sales associate exam is between 50% to 55%.

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Is Florida broker exam hard?

How Hard is the Florida Real Estate Exam? Generally speaking, the pass rate for the Florida real estate exam is between 50-60%. By comparison, the average driving test pass rate is 45.8% in the US. So while the test may be difficult and meticulous, you will be able to pass it if you prepare and study accordingly.

Can you take the Florida real estate exam online?

Take your Florida Real Estate exam conveniently from home through OnVUE online proctoring. A live proctor will monitor you through the webcam on your workstation to provide a secure exam experience. … Be sure to run the system test before you sign in to register for an online proctored exam.