Professional Actual Estate Management & Investment Companies Inc. This paragraph could also be deemed to bar any individual from licensure who has carried out any of the acts or services described in s. 475.01(3), except exempt pursuant to s. 475.011, during a period of 1 yr next preceding the filing of the applying, or in the course of the pendency of the application, and till a legitimate current license has been duly issued to the person, no matter whether the efficiency of the act or service was done for compensation or precious consideration.

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Additionally, the parties to a real property transaction are giving up their rights to the undivided loyalty of a licensee. (i) …