4418949, 61J2-14.008 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 4418949

Notice of Development of Rulemaking

Department:

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Division:

Florida Real Estate Commission

Chapter:

FUNDS ENTRUSTED TO BROKERS - DEPOSITS AND ESCROWS

Overview

RULE:

61J2-14.008

Definitions

PURPOSE:

To clarify the Division’s lack of jurisdiction over escrow funds placed with a title company or attorney and to discuss the definition of “Deposit” within the same rule.

SUBJECT:

Definition of “Deposit” and escrow funds held by a title company or attorney.

RULEMAKING AUTHORITY:

475.05, 475.25(1)(k) FS.

LAW:

475.25(1)(k) FS.

PRINT PUBLISH DATE:

7/27/2007 Vol. 33/30

RELATED STATUTES
AND LAWS:

475.05, 475.25(1)(k) FS., 475.25(1)(k) FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=61J2-14.008&PDate=7/27/2007&Section=1

REFERENCE MATERIALS:

No reference(s).

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