which of the following statements best describes an attorney-in-fact?

What is an attorneys-in-fact?

Which of the following statements best describes an attorney-in-fact? (a) An attorney-in-fact must be a member of the Florida Bar. (b) An attorney-in-fact may be paid a commission for services of real estate. (c) An attorney-in-fact is authorized by a power of attorney to act for another. (d) An attorney-in-fact is required to hold an active real estate license.

What is the difference between plaintiff's attorney and Defendant's Attorney?

Which of the following statements best describes the decisions of the U. S. Supreme Court since 2000 about the use of hearsay in criminal trials? Testimonial hearsay is no longer admissible if the declarant does not take the stand.

Which implies that the arbitrator's decision must be reinforced?

Which of the following statements best describes the term "assignment"? It is the conveyance of rights in a contract to a person who is not a party. It is the termination and replacement of an old contract. It is the transfer of duties alone without a transfer of rights. It consists of an assignee who is the party making the assignment.

When can the plaintiff's attorney call witnesses to disprove the defendant?

What best describes an attorney in fact?

An attorney-in-fact is a person who is authorized to act on behalf of another person, usually to perform business or other official transactions. The person represented usually designates someone as their attorney-in-fact by assigning power of attorney. An attorney-in-fact is not necessarily a lawyer.

Which individual is exempt from licensure under the Florida statute 475?

(d) The plumber must first be licensed under F.S. 475, Part II. Persons appointed by a court of law to perform real estate services are exempt from real estate licensing requirements when employed by government agencies, railroads, rural electric cooperatives, or public utilities.

What is a broker associate quizlet?

Real estate salesperson /associate / broker. might be licensed and choose to work for another broker rather than set up an independent brokerage office. sales person. licensed to perform real estate activities on behalf of a licensed real estate broker.

What does registration of an active sales associate with the department refer to?

What does the registration of an active sales associate with the Department refer to? Placing and keeping on record the sales associate's name, home address and business address of his or her employing broker.

What is Florida Statute 475?

475.05 Power of commission to enact bylaws and rules and decide questions of practice. 475.10 Seal. 475.125 Fees. 475.15 Registration and licensing of general partners, members, officers, and directors of a firm.

Which of the following best describes the overall purpose of FS 475?

Which of the following best describes the overall purpose of F.S. 475? To protect consumers. "The Department" refers to which government entity? The Department of BUsiness and Professional Regulation (DBPR).

Which statement correctly applies to an actively licensed attorney who is a member in good standing with Florida Bar?

Which statement correctly applies to an actively licensed attorney who is a member in good standing with the Florida Bar? The attorney is exempt from biennial 14-hour continuing education requirements to maintain a real estate license.

Which statement best describes who must be licensed to practice real estate in Florida?

Which statement BEST describes who must be licensed to practice real estate in Florida? Anyone who performs any of the services of real estate for another for compensation, unless specifically exempted by law.

Which statement is true regarding the federal telemarketing law?

Which statement is TRUE regarding the federal telemarketing law? Real estate licensees may contact their former customers for up to 18 months following the closing of a transaction, even if the customer's name is on the National Do not call registry.

Which statement best explains this sentence to recover a commission for brokerage services a broker must be employed as the agent of the client?

Which statement BEST explains this sentence: "To recover a commission for brokerage services, a broker must be employed as the agent of the client"? The client must make an express or implied agreement to pay a commission to the broker.

What is the purpose of the real estate license law Florida?

The purpose of the law is to protect the public. The Florida Legislature deems it necessary, in the interest of the public welfare, to regulate real estate brokers, sales associates, and schools in this state.

Which individual is required to have an active Florida real estate license?

A person appointed by a court of law to sell real estate must be a licensed real estate broker. Persons who rent lots in a mobile home park must hold a real estate license.

What is the purpose of Florida real estate license?

The purpose of the Florida Real Estate License Law, F.S. 475, is to protect the public. The DBPR is essentially a consumer protection agency. Reference: Chapter 2, Real Estate License Law, Purpose of the Law.

How long do you have to be licensed to be a real estate broker in Florida?

Applicants for a broker's license must have been licensed under one or more actively licensed brokers for at least 24 months during the preceding 5 years to qualify for a Florida real estate broker's license. Reference: Chapter 2, Obtaining a Florida Real Estate License, License Categories - Broker. 8.

What is a broker associate?

A broker associate has passed the state broker exam and is qualified to receive a broker's license, but chooses instead to be employed under the direction, control, and management of an actively licensed broker or owner-developer. In this capacity, the broker associate acts as a sales associate, not a broker.

When was the first FREC created?

Your answer: B. The first FREC was created in 1925 to administer and enforce the law, streamlining the process by removing the necessity for court enforcement. Reference: Chapter 2, Real Estate License Law, History of the Law. 4.

What is a real estate registration?

Registration is the placing and keeping on record of the name and address of an individual or business. The Division of Real Estate (DRE, or the Division) maintains a registration list of all brokers, sales associates, and businesses that employ licensees engaged in the real estate business.

What is an owner developer?

An owner-developer is an individual or entity that is in the business of buying, owning and/or developing real estate. The owner-developer who employs sales associates must be registered with the Departmentm but requires no real estate license. Reference: Chapter 2, Employment - Employment by an Owner-Developer. 22.

When was the Florida Real Estate Commission created?

The first Florida Real Estate Commission was created in 1925 to administer and enforce the law, streamlining the process by removing the necessity for court enforcement. Reference: Chapter 2, Real Estate License Law, History of the Law.

What is the governor of Halizona doing to help reduce damage?

The committee found that a new technique of using steel reinforcements in building columns would help reduce overall damages.

Who sued the car manufacturer for faulty airbags?

C. Mark Walton was involved in a car accident in which the airbag of his car failed to deploy. He sued the car manufacturer for installing faulty airbags. But in the course of the case being heard in court, the car company and Mark decided to settle the lawsuit out of court.

Is it mandatory to use steel columns in Halfren?

The findings were put to a debate at the local town hall, where it was accepted by a majority of the residents of Halfren. The state government then passed a law making it mandatory to use the new steel-reinforced columns while constructing new buildings in Halfren.

What is a written document that explains how a person's property is to be divided in the event of

It is a written instrument indicating how a person's property is to be divided in the event of his/ her death. It is an official document that confers the rights of ownership of certain property to another person. It is the power conferred by a court to enable a party to manage the financial affairs of another party.

What is the breach of duty of a tortfeasor?

the breach of the tortfeasors duty to the injured party. On investigation Ken stole money from his job and stole records what crime is that. Embezzlement. To recover damages for an intentional tort, the plaintiff is required to prove that there was a breach of duty by the tortfeasor to the plaintiff.

Why does Patrick not have to pay Ken?

Patrick will not need to pay Ken because the contract will be held invalid. Patrick will need to pay a reasonable amount to Ken because housing is a necessity. Ken will need to choose whether to affirm or disaffirm the contract.

What is an extraordinary event outside the party's control?

an extraordinary event outside the party's control occurs. death or physical incapacity occurs, making it impossible to perform the services of the contract. the performance is made impossible by the wrongful act of the other party. an act that was legal at the time of the contract , is subsequently made illegal.

What is compensatory damages?

It refers to the payment of compensatory damages by a party as a remedy for breach of contract. It refers to the carrying out of the specific terms of a contract. It refers to carrying out of terms that were not specified in a contract in order to compensate for damages.

What is the actual value of Allen's car?

Allen enters into a contract with Joe to sell his car. However by mistake, he undervalues his car. Though the actual value of the car is $6000, he sells it to Joe for $3000. During the purchase, Joe is aware of the actual value but does not communicate this fact to Allen.

What happens if a merchant displays a coat at a particular price?

If a merchant displays a coat at a particular price, he has a binding requirement to sell at that price. Patrick and Ken enter into a contract in which Ken sells his farm to Patrick. According to the contract, Patrick needs to pay $500 to Ken every month for the next ten years in order to settle the purchase.