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Which individual is NOT exempt from holding a Florida real estate license?

a. Certified public accountant (CPA) who is employed by a real estate corporation and receives a salary plus bonuses based on real estate transactions
b. A salaried employee who works as a manager of a condominium complex and rents individual units for periods of one year or less
c. An individual who appraises railroad property for tax purposes
d. A person who sells cemetery lots

User ATMTA
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1 Answer

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Final answer:

The individual who is NOT exempt from holding a Florida real estate license is d. A person who sells cemetery lots

Step-by-step explanation:

In the state of Florida, most individuals involved in real estate activities are required to hold a Florida real estate license.

However, there are some exemptions to this requirement.

The individual who is NOT exempt from holding a Florida real estate license is d. A person who sells cemetery lots.

Let's go through the options one by one:

  1. a. Certified public accountant (CPA) who is employed by a real estate corporation and receives a salary plus bonuses based on real estate transactions: This individual falls under the exemption because they are already licensed as a CPA and their duties primarily involve accounting rather than real estate transactions.
  2. b. A salaried employee who works as a manager of a condominium complex and rents individual units for periods of one year or less: This individual is exempt because they are an employee of the condominium complex and their role is limited to managing and renting units within the complex.
  3. c. An individual who appraises railroad property for tax purposes: This individual is exempt because their role is specifically related to appraising railroad property for tax purposes, which does not fall under the requirement of a real estate license.
  4. d. A person who sells cemetery lots: This individual is NOT exempt from holding a Florida real estate license because selling cemetery lots falls under the category of real estate transactions.
User Brybam
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