4734005, 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: 4734005

Notice of Proposed Rule

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:

The rule amendment describes the licensees’ obligations when a deposit is placed with an attorney or title company.

SUMMARY:

The rule amendment sets forth the requirements of the broker to provide verification of a deposit when the deposit is placed with a title company or attorney.

RULEMAKING AUTHORITY:

475.05, 475.25(1)(k) FS.

LAW:

475.25(1)(k) FS.

PRINT PUBLISH DATE:

10/19/2007 Vol. 33/42

COMMENTS:

From 10/19/2007 To 11/9/2007 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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