Module 3

A real estate license is issued by the _______ ___ _____ _____ _____ _______.

Licenses are issued for a period of up to ______ years.

Licenses expire on either ________ ______ or _______ _____.

The effective date of an initial issue license is _____ _____ ____ _____ _____ ______ _____ _____.

The effective date of a renewal issue license is ______ _______ ______ ______ ______ ______.

The effective date of a reissue license is _____ _____ _____ ______ _____ ______.

A broker associate who desires to be inactive would request a(n) ______ _______ ______.

An active broker may be issued ________ licenses in more than one capacity only if it is clearly shown that such additional licenses are necessary to the conduct of legitimate business.

A license is _______ after expiration or when revoked.

Rules and other quasi-legislative matters may be conducted only by a(n) ________ ________ of the FREC.

FREC rules do not become effecive until they are filed with ___ _____ _____ _____.

The _________ is used to authenticate the proceedings, records, and acts of the FREC.

A voluntarily inactive licensee may remain in that status ____________.

An involuntarily inactive licensee may remain in that status for _______ years.

Only a(n) _______ _______ may obtain a multiple license.

After initial renewal, licensees must complete at least ______- hours of FREC-approved continuing education.