License Renewal Requirements
Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.
Florida real estate licenses are not perpetual and require renewal every two years. This renewal process ensures that licensees stay current with laws, rules, and best practices. For sales associates, the first renewal is particularly important, as they must complete a specific number of post-license education hours before being eligible to renew their license. Failing to meet renewal requirements can lead to the license becoming inactive or even revoked.
A sales associate gets their license in January of an odd-numbered year. They must complete 45 hours of post-license education before March 31st of the next even-numbered year to renew their license. If they don't, their license will become inactive.
Remember the biennial renewal cycle and the specific post-license education requirement (45 hours) for sales associates' first renewal. Pay attention to the deadlines (March 31 or September 30 of even-numbered years).
Related Terms
Practice Questions
A Florida real estate license must be renewed every:
How many hours of post-license education are required for a Florida sales associate's first renewal?
Florida sales associates must complete post-license education within:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.