florida

In support of the statutory requirements for your profession, the Department of Business and Professional Regulation (DBPR) has implemented a 100% Post and Continuing Education Monitoring database. All course providers are required to report your education completion to the department within 30 days of completion, or prior to the expiration date, whichever occurs first. If your required education is not complete and/or reported, you will NOT be able to renew your license. The Online services at the Department of Business and Professional Regulation is the most efficient way to keep your Florida Real Estate License current. The Department of [...]

This is a short summary of what the Real Estate Recovery Fund (“RF”) is and how it works. It is not an exact restatement of the law. Any specific questions concerning eligibility or discussion of a specific claim should be directed to a licensed Florida attorney. The Real Estate Recovery Fund is an account created by the Florida Real Estate Commission (“FREC”) to reimburse any person, partnership, or corporation convicted by a court of competent civil jurisdiction in this state to have suffered monetary damages by reason of any act committed, as a part of any real estate brokerage transaction [...]

Real estate sales associates and brokers are required to comply with state statutes and the rules of the Florida Real Estate Commission. The rules govern not only property sales and purchases, but they also govern who can open a real estate office, the physical aspects of the office and any signage indicating an office is present.​​ Florida taxes are complex, just as they are in any other state. The real estate taxes that you pay on a home can vary widely depending on what city and what county you are buying the home in.However, in this article, we take [...]

​1. Ownership of a Broker’s Office Only real estate brokers can own and maintain a real estate office in Florida. A broker has at least two years of real estate sales experience, has completed advanced coursework, and passed the 72-Hour Broker Pre-License Course and the state exam to get a license. Florida’s real estate law prohibits real estate salespeople, or licensed sales associates, from office ownership. Real estate sales associates work from the broker’s office, where they are registered, under the employ and guidance of the managing broker. There is a multitude of factors you must consider [...]

The real estate profession has expanded and offers one of the widest career selections in the business world today. Helping people buy and sell homes, office buildings, industrial property and corporation farmland, property management, land development, mortgage banking, urban planning, real estate counseling, appraisal and research are all aspects of a career in real estate. Advantages and Rewards of a Career in Real Estate A career in real estate provides flexibility and freedom to set your own pace. Income directly reflects your efforts, with no limits on what astute, hard-working men and women can earn. Successful people in real [...]

If you are looking to become a real estate agent in Florida, it is imperative that you understand the fundamentals of a Florida Real Estate Contract. What is a Real Estate Contract ? A real estate contract, by definition, is a legally binding document between parties, that states the terms and conditions of the purchase and sale of real property. A real estate contract is also known as a real estate purchase and sale agreement, and standardized documents that have been approved by the Florida Association of Realtors and the Florida Bar, are generally used. A Florida Real Estate [...]

Real Estate Title and Land Records In Florida TITLE (PROPERTY) Title is a legal term for a bundle of rights in a piece of property in which a party may own either a legal interest or an equitable interest . [1]The rights in the bundle may be separated and held by different parties. It may also refer to a formal document that serves as evidence of ownership . Conveyance of the document may be required in order to transfer ownership in the property to another person. Title is distinct from possession , a right that often accompanies ownership but is not necessarily sufficient to prove it. In many cases, both possession and title may be transferred independently [...]

Requirements to Register a Real Estate Company in Florida To qualify a real estate company, it requires: At least one active Florida Broker who is an officer, director, member, manager, or partner of the entity. This must be reflected on the Department of State, Division of Corporation website www.sunbiz.org Sales Associates may not be an officer, director, member, manager, or partner of a real estate company Broker-Associates may not be an officer, director, member, manager, or partner unless they upgrade to active qualifying broker with the new company. Initial fee $77.00 Form DBPR-RE 7 - Application for Real Estate [...]