FAQs: General Questions

Find answers to your questions about Colibri Real Estate.

Why isn’t the money-back guarantee available in Florida or Tennessee?

Florida Statute 475.451 specifically prohibits education providers from offering a licensing exam pass guarantee as follows: 475.451 Schools teaching real estate practice. (3) It is unlawful for any person, school, or institution to . . . guarantee that its pupils will pass any examinations required for licensure . . . (4) Any person who violates this section commits a misdemeanor of the second degree, punishable as provided in s. 775.082 or s. 775.083.

Tennessee statute 62-13-106 prohibits education providers from offering a licensing exam pass guarantee as follows: 62-13-106 (c) It is unlawful for any person offering courses or conducting classes in real estate subjects to represent that its students are assured of passing examinations given by the commission for the issuance of licenses required by this chapter.