What can the FREC do under its quasi judicial powers?

The correct answer is that the Florida Real Estate Commission (FREC) can grant or deny applications for licensure under its quasi-judicial powers. This authority allows FREC to evaluate the qualifications of applicants seeking to obtain a real estate license and to make determinations regarding whether an individual meets the necessary criteria to be granted a license.

The quasi-judicial powers also include the ability to conduct hearings, issue subpoenas, and impose disciplinary measures when appropriate. This function is crucial in maintaining standards within the real estate profession, ensuring that only qualified individuals are permitted to operate as real estate agents or brokers, thus protecting the public.

In contrast, the other options do not fall under FREC’s quasi-judicial powers. For example, regulating rental prices is typically outside the purview of FREC and is usually overseen by local government entities. Creating educational programs is more aligned with FREC's regulatory role rather than a quasi-judicial function, as educational development is handled through different regulatory measures rather than judicial proceedings. Similarly, setting the terms for real estate transactions is not within the FREC's authority, as these terms are generally negotiated between parties involved in the transaction.