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The crime of Unlicensed Practice of Real Estate is a Third Degree Felony and assigned a Level 1 offense severity ranking under Florida's Criminal Punishment Code. If convicted of Unlicensed Practice of Real Estate in Florida, a judge can impose any combination of the following penalties: Up to five (5) years in prison.

Ing to Florida law, a buyer or seller is able to terminate a residential real estate contract and walk away from the deal without penalty by seeking rescission. Rescinding a real estate contract means the contract is considered to have no force and effect from the beginning or that the contract is canceled.

If your license has been inactive for less than one year, you can get it reactivated by completing 14 hours of continuing education. If it has been inactive for more than 12 months but less than 24 months, you'll have to take 28 hours of continuing education credits, including the core law requirements.

A null and void license cannot be reinstated unless the applicant demonstrates to the department that he or she failed to renew the license because of illness or economic hardship. APPLICATION CHECKLIST ? IMPORTANT ? Submit items on the checklist below with your application to ensure faster processing.

Current/Inactive ? This means a licensee has met all renewal requirements but is not actively practicing real estate services. Involuntary Inactive/Active ? This means a licensee has not met renewal requirements and prior to the expiration of the license they were practicing real estate services.

To activate the license, you must submit a completed DBPR Form (request for change of status) to the DBPR (Department of Business and Professional Regulation). This form can be submitted at the examination site, or submitted to the Division of Real Estate at the DBPR.