The Florida Real Estate Commission removed the 30 day wait requirement when students fail the end of course exam for post licensing education. The licensee can now retake the final exam immediately. The exam must be different. The student can retake the final exam only once. This rule became effective March 25, 2018.
No wait period for second post-licensing exam Read More »
The FREC approved Rule 61J2-10.026 regulating team advertising. The rule will become effective July 1, 2019. This will give licensees time to prepare their advertising, business cards, and signs for compliance. The text of the rule is shown below: (1) “Team or group advertising” shall mean a name or logo used by one or more
Team Advertising Rules Read More »
Recent changes to Florida law (Chapter 718) allow a condominium association to deny owners (or their tenants) the right to use common areas and recreational amenities when the owner is more than 90 days overdue in paying association maintenance fees. Additionally, the association may divert rent paid by a tenant and apply it to the
Condo owners who are in arrears may not be able to use the pool Read More »
A little-known change in the law (July 1, 2009) requires current licensees to report any conviction or plea to a crime, including misdemeanors, to the DBPR. Previously, licensees had to report only convictions or pleas for felony charges. What’s the effect of this? If you got a DUI five years ago, you must tell DBPR
Licensees must notify DBPR of ANY convictions Read More »
The Department of Financial Services (DFS), Office of Insurance Regulation, recently published an article to remind real estate professionals of the laws governing title insurance companies. The giving of an inducement, or a thing of value, in return for the referral of title insurance business is a violation of Florida statutes. Florida Administrative Code, states “any
A Quick Reminder Regarding Referral Fees Read More »
