Florida 14 hours Residential - 102 Understanding Cities course.

Approved by the Florida Department of Business and Professional Regulation

This course contains the required 3 core law. The topics chosen for this course are intended for every day use.

Continuing Education is required for both active and inactive Florida real estate brokers and salespersons. Active or inactive brokers or salespersons must take a 14-hour continuing education course during each 2-year license period. The course must contain 3 hours of core law and 11 hours of "specialty" topics that focus on real estate issues relevant to Florida Statute, Chapter 475. This course meets the prescribed 14 hours of continuing education.

Understanding Cities

Desired Learning Objectives:

• Learning the purpose behind the U. S. Census Bureau
• Gaining a General Overview
• Understanding the Concept of Urban Areas
• Why Cities are Different Sizes and Shapes
• Understanding that it all starts with jobs
• Understanding the Results of Changes in Employment
• Other Causes of Growth, Stability or Decline in Cities

Demand for Real Estate

Desired Learning Objectives:

• Understand the Gap formula for housing units.
• Buy/Rent Decisions.
• Learn about Multi family rental housing.

The Types of Properties Investors Buy

Desired Learning Objectives:

• Understand that there are differing degrees of complexity among property types.
• Understand residential investment properties.
• Understand office buildings.
• Understand retail properties.
• Understand industrial properties.

Florida Real Estate License Law Update

Learning objectives for the licensee:

• Understand the recent law changes enacted by the Florida Real Estate Commission.
• Learn the process of becoming a real estate practitioner.
• Explain the qualifications required to practice real estate.
• Explain the steps a licensee must take to renew their license.
• Know the difference between an active license and a voluntarily inactive license.
• Audits and inspections, understand why the Department of Business Professional Relation requires them and how to be in compliance.
• Know what is required of nonresident licensees and what states Florida has a mutual recognition agreements.

Registration and Licensing Requirements

Learning objectives for the licensee:

• Learn about the real estate recovery fund and why it was created.
• Discuss the duties of a designated sales associate.
• Discuss the duties of a designated salesperson.
• Explain what the guidelines a broker must apply while maintaining an escrow account.
• Understand interest bearing escrow accounts and the types of disbursement methods that are allowed.
• Learn the other important areas of real estate knowledge.

Other State and Federal Laws

Learning objectives for the licensee:

• Understand the Florida Vacation Plan and Timesharing Act.
• What disclosure is required in a residential rental agreement.
• Explain the landlord's and tenant's obligation to maintain the premises.
• Explain the brokerage relationship disclosure act and the required disclosures.
• Explain the "Bert J. Harris, Jr., Private Property Rights Protection Act" and why it was created.
• Learn the other state and federal laws.

Violations and Penalties

Learning objectives for the licensee:

• Explain the range of penalties, from lowest to highest, are available to the Florida Real Estate Commission.
• Explain how can a respondent object to a violation.
• Understand what is a citation is and to whom can it be issued against.
• Name 6 violations that constitute grounds for Notice of Noncompliance.