The Florida Real Estate Commission licensees

► Eligibility Requirements
The Florida Real Estate Commission (FREC) requires that all licensees meet the following minimum requirements:
■ Age—You must be at least 18 years old.
■ Honesty—You must be completely honest and truthful. Failure to include complete and accurate information maybe grounds for denial of your application. Convictions of felony or morally questionable crimes
may also be cause for denial and must be included on your application. (All applications must be accompanied by a completed fingerprint card, designed specifically for the Florida Real Estate Commission.*)
■ Education—You must meet the FREC's education requirements

The State of Florida has a mutual recognition agreement with the following other states:

Alabama
Kentucky
Arkansas
Mississippi
Colorado
Nebraska
Georgia
Oklahoma
Indiana
Tennessee

In other words, Florida does honor out-of-state real estate licenses that meet the requirements of the respective state. All interested parties are encouraged to contact the licensing body in the state of interest to find out the process in order to receive the license in that state. Although Florida has an agreement with the above listed states, requirements by each state's licensing authority can be slightly different.
Note: You may not legally perform licensed transactions before associating with a licensed real estate bro¬ker, an owner developer, or a government agency.

The major topics in the real estate business

Real Estate Principles and Practices
■ Classes of Property
■ Land Characteristics
■ Encumbrances
■ Types of Ownership
■ Descriptions of Property
■ Government Rights in Land
■ Public Controls
■ Environmental Hazards and Regulations
■ Private Controls
■ Water Rights
■ Property Condition Disclosure Forms
■ Need for Inspection
■ Material Facts
Property Valuation/Appraisal
■ Value
■ Methods of Estimating: Value/Appraisal Process
■ Comparative Market Analysis
Financing
■ General Concepts
■ Types of Loans
■ Sources
■ Government Programs
■ Mortgages
■ Financing/Credit Laws
Contracts/Agency Relationships
■ General
■ Listing Agreements
■ Buyer-Broker Agreements
■ Offers/Purchase Agreements
■ Counteroffers/Multiple Counteroffers
■ Leases as Contracts
■ Options
■ Rescission and Cancellation Agreements
■ Broker-Salesperson Agreements
Law, Definition, Nature of Agency Relationships, Type of Agencies, and Agents
■ Creation of Agency and Agency Agreements
■ Listing Procedures
■ Responsibilities of the Agent to the Seller/Buyer as Principal
■ Termination of Agency
■ Commission and Fees
Settlement/Transfer of Property
■ Title Insurance
■ Deeds
■ Settlement Procedures
■ Special Processes (e.g. Probate, Foreclosure)
Business Practices
■ Fair Housing and Anti-discrimination Laws
■ Advertising
Property Management
■ Property Management and Landlord/Tenant and Commercial/Income Property
■ Common Interest Ownership Properties
■ Subdivisions

Real Estate investmemt calculatons

Break even ratio.