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Florida Real Estate Course
Chapter 7
Florida Real Estate Practice Question
What is the immediate professional consequence for a licensee if the Real Estate Recovery Fund pays out a claim to satisfy a judgment against them (that did NOT involve an Escrow Disbursement Order)?
Answer choices
A
The license is automatically suspended until the money is repaid
B
The license is revoked permanently with no possibility of reinstatement.
C
The licensee is placed on probation for 10 years.
D
There is no penalty if the licensee files for bankruptcy.
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