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Florida Realtors Associate General Counsel, Joel Maxson, has compiled a list of the top 10 most frequently asked questions for the
Legal Hotlinewhichwill be reviewed during this course. The Florida Realtors Legal Hotline is a service available exclusively to Florida
Realtors members.
Objectives: After taking this class students will be able to:
1.Understand the three points where the team advertising rule at 61J2-10.028 adds to the existing advertising rule at F.A.C. 61J2-10.025.
2.Name three or more factors used to determine procuring cause.
3.Identify the key agreement that determines an associate’s right to compensation.
4.Complete three exercises calculating the effective date and one deadline using a Florida Realtors/Florida Bar “AS IS” Residential Contract for Sale and Purchase.
5.Understand duty to present offers and the recently added duty for Realtors to confirm compliance with this rule upon written demand by another Realtor.
6.Explain the three main options when a seller requests an early termination to a listing agreement.
7.explain whether property can be relisted while there is an unresolved dispute from a former purchase that failed to close.
8.Pinpoint the time when an offer of compensation in the MLS becomes binding on the brokerage company who procures a successful transaction.
9.Explain the core concept undergirds issues related to emotional support animals; and
10.Understand the breadth of the restriction against sharing commission with an unlicensed person for a referral found at Florida Statutes §475.25(1)(h)