Florida Broker Practice Exam

What makes up the executive powers of the Florida Real Estate Commission?

1. Creating laws

2. Resolving disputes

3. Regulating the practice of real estate

4. Enacting administrative rules

The correct answer is: Enacting administrative rules

The correct answer pertains to the executive powers of the Florida Real Estate Commission, which encompasses the authority to enact administrative rules. This function is crucial as it allows the Commission to establish regulations that govern the practice of real estate within the state, ensuring that real estate transactions are conducted in a manner that is consistent with the law and protects consumers. By enacting administrative rules, the Commission can address specific industry needs, update practices, and enforce compliance among real estate professionals. Creating laws, resolving disputes, and regulating the practice of real estate are important functions related to the broader governance and oversight of the industry, but they may fall under the jurisdiction of legislative and judicial powers or other bodies rather than being direct executive powers of the Florida Real Estate Commission itself.