Florida Real Estate Sales Associate Examination Content OutlineReal Estate Brokerage Activities and ProceduresEasy
A licensed real estate sales associate in Florida decides to resign from their current brokerage firm and join a new one. What is the sales associate's primary responsibility regarding their license upon resignation?
- AInform their former broker, who must notify the DBPR within 10 days.
- BKeep their license until they join a new brokerage, then update the DBPR.
- CNotify the DBPR directly within 5 days of resignation.
- DReturn their license to the Department of Business and Professional Regulation (DBPR) immediately.
Show answer & explanationAnswer & explanation
Correct answer: A. Inform their former broker, who must notify the DBPR within 10 days.
Upon a sales associate's resignation, the employing broker is responsible for notifying the DBPR. The sales associate themselves does not directly notify the DBPR of their resignation.
Why the other options are wrong
- B. The license is not kept by the sales associate; it becomes inactive until transferred or reissued.
- C. The sales associate notifies their broker, not the DBPR directly, and the broker has 10 days.
- D. The sales associate does not return the license to the DBPR; the broker handles the notification.
License Transfer Responsibility (Sales Associate)
When a sales associate resigns from a brokerage, their primary responsibility is to inform their broker, who then notifies the DBPR.
- Sales associate informs broker.
- Broker notifies DBPR within 10 days.
- License becomes inactive until new employment.
Memory trick: Broker handles the paperwork, while the associate moves on.