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Transaction Broker Disclosure Obligation Expires |
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The obligation to provide a transaction broker notice to a customer involved in a residential sale (as defined in Section 475.278(5), Florida Statutes) is no longer required. This obligation, set forth as part of the real estate license law’s “presumption of transaction brokerage” in 2003, expired July 1, 2008. For more information, read the article published in the May 2008 edition of Florida Realtor Magazine. |
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Crist Kills HOA Disclosure Bill, Form Won't Change |
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From Special FAR EarlyBird Alert - June 30, 2008
If you've been following the progress of HB 679 in EarlyBird, FAR has learned that Gov. Charlie Crist vetoed the bill.
Do not make any changes to the Homeowner's Association/Community Disclosure form. Florida real estate licensees should continue to use the disclosure language already included in current residential contracts.
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DBPR Reforms, Other Laws Start July 1 |
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From FAR's EarlyBird News - June 27, 2008
The following bills - passed during the 2008 session of the Florida Legislature and signed by Gov. Charlie Crist - become effective on Tuesday, July 1:
• SB 464: Prohibits private transfer fees
• HB 601: Reforms to the Department of Business and Professional Regulations
• HB 743: Mortgage fraud regulations
• SB 2860: Property insurance reforms
For more information, visit the 2008 Legislative Wrap Up |
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