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The Department of Business and Professional Regulation (DBPR) is the agency charged with licensing and regulating more than 1.6 million businesses and professionals in the State of Florida, such as alcohol, beverage & tobacco, barbers/cosmetologists, condominiums, spas, hotels and restaurants, real estate agents and appraisers, and veterinarians, among many other industries.
The National Association of Realtors maintains rules that each MLS owned by a local association of Realtors is required to follow. In 1996, as part of its rules governing multiple listing services, NAR adopted a rule requiring Realtors to make "blanket unilateral offers of compensation" when listing homes for sale on an MLS. [7]
In 1974 the Florida Legislature created the Florida Commission on Ethics "to serve as guardian of the standards of conduct" for state and local public officials. [4] [5] The commission is tasked with investigating complaints alleging breaches of public trust by public officers and employees in Florida, other than judges. [5]
The new rules also raise concerns about how first-time and lower-income buyers will be impacted. While the changes could slice real estate agent’s commissions, some agents are celebrating the ...
South Florida commonly attracts homeowners who want glorious beach views and warm weather. But new state laws require condos to have sufficient cash reserves to cover any major repairs and conduct ...
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A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
Florida is second in the nation for the most homeowner associations. But what do HOAs do? Can homeowners opt out? And what are the new HOA laws?