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Property that is not real property (also known as CHATTEL)
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1 Chapter 120, F.S. 2 Origin Properties
Civil Rights Act of 1968: The Fair
3 4 Personal Property
Housing Act
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is a temporary form of business arrangement often
Joint Ventures
encountered in real estate business.
,Terms in this set (107)
, Trade Names is a business name other than the legal name of the
person doing business. The letters T/A are used to
indicate "trading as."
Chapter 120, F.S. Administrative Procedures Act
Chapter 455, F.S. Regulation of Professional and Occupations
Chapter 28, Sections 101- Division of Administrative Hearings (DOAH Rules),
110 Florida Administrative Code (F.A.C.)
Chapter 61J2 Florida Real Estate Commission, Fl Administrative
Code (F.A.C.)
Recovery Fund Claim must be paid with in 2 yrs.
Max payment $50,000 (single transaction)
Max payment on multiple $150,000
Punitive Damages and Interest CANNOT be reimbursed from
fund
Accumulation of the total of $1 million is the limit for fund at any one time.
Recovery Fund Accumulated by charging Licensees a Recovery Fund Fee
when a new lic is issued or renewed. Fines imposed by FREC
and collected by DBPR. Collection stops when limit is reached
and restarts when amount drops below $500k. At that time,
a fee of $3.50 per yr.
for brokers and $1.50 per year for sales Assoc. is added to Lic
fee.
Civil Rights Act of 1964 ended racial segregation in schools, the work place, and
(Titles II and III) public accommodations.
Civil Rights Act of 1968: Prohibits discrimination on the basis of Race, Color,
The Fair Housing Act Religion, Sex and National Origin when selling or renting
residential property.