Voluntary Relinquishment

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Welcome to the course!
The Real Estate Business
Law & Qualifications
License Law And Commission Rules
Authorized Relationships, Duties, And Disclosure
Brokerage Offices and Branch Requirements
Violations Of License Law, Penalties And Procedures
- Disciplinary Procedure
- The Investigation
- The Probable-Cause Panel
- The Formal Administrative Complaint
- Recommended Order
- Settlement Stipulation
- Voluntary Relinquishment
- Commission meeting
- The Final Order (The Decision)
- Judicial Review (The Appeal)
- Violations and Penalties: The Consequences
- Penalties Issued by the FREC (Major Offenses)
- Penalties Issued by a Court of Law (Criminal)
- Requirement to Self-Report
- Real Estate Recovery Fund
- Who is NOT Qualified?
- Payment from the Fund - Last Resort:
- Mandatory Suspension
- Chapter 7 Quiz 10 xp
Chapter 8
Property Rights
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Legal Descriptions
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Course Assessments

FLORIDA REAL ESTATE SALES ASSOCIATE COURSE

Violations Of License Law, Penalties And Procedures

Section 7 of 18

If the evidence against you is overwhelming and you know you are going to lose your license anyway, you can choose Voluntary Relinquishment for Permanent Revocation.What it is: You voluntarily hand over your license and agree never to practice real estate again.The Catch: This is treated as if your license was revoked for discipline. It permanently puts you out of business, but it avoids the public embarrassment of a trial.