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Florida Realtors Legal News

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Understanding Florida's Transaction Broker Role

Florida law presumes brokers as transaction brokers unless a disclosure is made. This role allows limited representation, no fiduciary duty and limited confidentiality.
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Latest legal news

  • Disclose Contemplated Interest in Property Appraised
  • Understanding the CCCL Disclosure
  • Myths and Misuse of Rider GG
  • Unauthorized Access to Property – Complaint Filed. Was the Wrong Article Used?
More legal news

Legal News Archive

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Hillary Kladke, Getty Images
Foreign Principal Owners of Ag Land May Register Online

Under SB 264, property owned by foreign principals used for “bona fide agricultural purposes” must be registered, and it can now be done online.

Published:
November 8, 2023
Sunset over Florida farmland
Hillary Kladke, Getty Images
Dept. of Agriculture Publishes Proposed Foreign-Buyer Rule

The Florida Department of Agriculture proposed wording is an ownership-reporting rule if residents of select foreign countries already own or inherit land in Fla.

Published:
November 6, 2023
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bortonia / Getty Images
FREC Publishes Proposed Affidavit Rule

The Florida Real Estate Commission has proposed wording for a new rule that includes affidavit forms that buyers must sign at closing.

Published:
November 3, 2023
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Getty Images/nycshooter
Disclose Status as an Owner and a Realtor

A Realtor sold personal property outside her brokerage as a FSBO (for sale by owner). After the sale, though, the buyer filed a complaint and she was found in violation of Article 12. If it’s a FSBO sale, how is that a violation?

Published:
November 2, 2023
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Getty Images/Bilanol
Solar Panels – Questions to Ask Before Contract

If a seller’s home has solar panels, they should research how those panels could impact their transaction before going under contract.

Published:
November 2, 2023
Identity Theft
Getty Images/rob dobi
Avast, Mateys: ‘Title Pirates’ Wreak Havoc on Closings

Forged deeds, driver’s licenses, titles, etc., continue to grow as real estate-theft scams, in part because the tactic often works and, when it does, nets a criminal hundreds or thousands of dollars in fake real estate sales. They even have a name now: Title Pirates.

Published:
November 2, 2023
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Image Source / Getty Images
Agents Must Send Copies of Escrow Checks – Right?

In a nutshell: Unless a contract states that a copy of an escrow deposit must be sent to the seller, a buyer or their agent has no legal obligation to do so.

Published:
November 2, 2023
refuse to sign
Getty Images/KittisakJirasittichai
Seller: ‘Can We Get Out of the Deal to Sell Our Home?’

It isn’t always a simple answer. A contract may offer advice, but buyers can sue for “specific performance.” And it’s not just the house – agents representing the buyer and/or seller may also deserve compensation.

Published:
November 2, 2023
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SeventyFour, iStock, Getty Images
HUD Wants to Use Ex-Cons for Fair Housing Testing

A proposed rule would allow fair-housing testers to have prior convictions – a way to determine if a landlord illegally turns away renters based on criminal history.

Published:
November 1, 2023
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Runstudio, Getty Images
NAR: RE Compensation Lawsuit Far from Over

A jury found NAR and others liable in a compensation lawsuit, but the association will immediately appeal and the case probably won’t conclude for several years.

Published:
October 31, 2023

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Links to /tools-research/what-is-nfip-national-flood-insurance-program

What is the National Flood Insurance Program?

This federal program, which is crucial to the Florida real estate industry, helps keep insurance affordable. Take a look at why the NFIP is so important.
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Here's a Look at What a Realtor Can Do For YOU!
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Here's a Look at What a Realtor Can Do For YOU!

Whether you're buying or selling a home, choosing to work with a Realtor is one of the smartest things you can do. Realtors are always looking out for YOUR best interests. And who doesn't want that?
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Are You Using Online Images Legally?
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Are You Using Online Images Legally?

Images on the Internet are not available for use by everyone. Watch the video and learn how to protect yourself and your business to ensure that you do not violate someone’s copyright.
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What First-Time Buyers Need to Know
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What First-Time Buyers Need to Know

First-time buyers are eager to learn. A 30- to 45-minute consultation is an excellent first step to find out their goals, expectations, answer questions, and explain the lending opportunities for first-time buyers.
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