If appointed by a court to appraise a property, what can a service station owner with an inactive license expect?

Prepare for the Florida Realtor Sales Associate Exam with interactive quizzes, detailed questions, and insightful explanations. Boost your confidence and ace your test!

A service station owner with an inactive license appointed by a court to appraise a property can expect to be compensated directly by the court. This is because court-appointed appraisers are often viewed differently from regular real estate transactions. When a court appoints someone to gather property appraisals, it may allow for compensation directly from the court, regardless of the person's current licensing status.

Inactive license holders may not be able to conduct typical real estate activities like representing clients or earning commissions through brokerages on their own, but their role as a court-appointed appraiser qualifies them for payment under the authority of the court. Therefore, the court has the discretion to pay the appraiser directly for their services, which is an exception to the usual real estate licensing requirements.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy