Question

Which choice describes an exemption from the licensing requirements of Florida

Statute 475?
a. partners in real estate partnerships that receive compensation in excess of their interest in the partnership for performance of real estate services on behalf of the partnerships
b. condominium managers paid on a commission basis for rentals of less than 1 year
c. appraisers certified under Florida Statute 475, Part II, when performing brokerage services
d. attorneys performing legal duties in connection with a real estate transaction

Answer 1

Attorneys performing legal duties in connection with a real estate transaction are exempt from the licensing requirements of Florida Statute 475.

Step-by-step explanation:

The exemption from the licensing requirements of Florida Statute 475 is:

Attorneys who are providing legal services related to a real estate transaction are exempt from the licensing requirements because their primary role is to provide legal advice and representation rather than perform real estate services.