Community Association Laws
Escrow Accounts
Fair Housing
Florida Real Estate
Tampa Trivia
100
Under a recent change to the Condominium Act, individual unit owners are no longer required to carry this.
What is hazard insurance.
100
Up to this amount of personal funds may be deposited into an escrow account.
What is $1,000.
100
This law prohibits ALL housing discrimination based on race.
What is Fair Housing Act of 1866.
100
Listings are always with this type of licensee and compensation is paid to and in between these.
What are Real Estate Brokers.
100
Bayshore Boulevard has the distinction of being the world's longest one of these.
What is continuous sidewalk.
200
Under the Condominium Act, if a unit owner is more than 90 days late in paying financial obligations to the association, this may be denied.
What is Use of Common Areas.
200
A broker must deposit funds received from a customer into Escrow Account within this amount of days of sales associate receiving funds.
What is 3 business days.
200
Guiding a buyer to neighborhoods on the basis of protected classifications is referred to this.
What is steering.
200
A division of DBPR that administers exams and enforces license law and rules and regulations adopted by FREC.
What is the Division of Real Estate.
200
Historically, this has been Tampa's number one export.
What is phosphate?
300
In 2009, there were more consumer complaints about this than about mortgage fraud.
What is Timeshare Resales.
300
A licensee is not responsible for handling conflicting demands on an escrow deposit when the funds are deposited with these.
What is Title Company or Attorney.
300
Enticing property owners to sell based on the prospective entry of a protected group is an example of this.
What is blockbusting.
300
Seven commissioners appointed by the governor who regulate and enforce license law, revise administrative rules, grant or deny license applications, and determine penalties for violation of license law.
What is the Florida Real Estate Commission (FREC).
300
This baseball player hit his longest home run on what is now the grounds of The University of Tampa. W
Who is Babe Ruth.
400
Effective July 2017, this is the maximum Estoppel Fee a Community Association Management Company may charge.
What is $500.
400
Rental security deposits must be returned in this amount of days after the end of a lease if a claim is not going to be filed.
What is 15 days.
400
These individuals are constantly searching for violations of the Fair Housing Act.
What are HUD Testers.
400
This is the section of Florida Statutes containing most license laws for real estate licensees and appraisers.
What is F.S. 475.
400
The name Tampa is believed to come from a Calusa phrase for this.
What is "Sticks of Fire".
500
To manage the affairs of a condo association or HOA with 10+ units ora budget of $100,000 or more, this type of license is required.
What is Community Association Manager.
500
When license renewal fees are paid, a fee is paid into this fund until the fund's balance reaches $1 million.
What is Real Estate Recovery Fund.
500
These should always be displayed in a broker's office.
What is a Fair Housing Poster.
500
This organization maintains a variety of contracts, lease agreements, and listing agreements.
What is Florida Realtors
500
GTR was founded in this year.
What is 1911.