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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

  • Unauthorized Access to Property – Complaint Filed. Was the Wrong Article Used?
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  • The Worst Risk: ‘The One You Never Saw Coming’
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  • Why Can’t I Amend a Florida Supreme Court Lease? (But I Can Amend a Florida Realtors/Florida Bar ASIS Contract)
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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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Legal News Archive

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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
Man's face somewhat hidden within blue shadows
Finn Hafemann, iStock, Getty Images
How Does a Scammer Choose Vacant Land to Scam?

The scams begin with a hunt through public records for vacant land, an absentee owner and no mortgage. Look for red flags, like a refusal to talk in person.

Published:
October 27, 2023
A woman holds a key in one hand and a printed copy of floor plans in the other
Peter Dazeley, Image Bank, Getty Images
Federal Court: Floor Plans Fall Under ‘Fair Use’

It’s okay to include a floor plan in a listing, ruled a federal judge. He said it's “fair use” and doesn’t infringe on architectural-design copyright laws.

Published:
October 25, 2023
closeup of judge's gavel and closeup and people reviewing paperwork
Jakraphong Pon / Getty Images
FREC Sets Foreign Buyer Affidavit Workshop

On Oct. 24 at 1 p.m., FREC will focus on foreign buyer “Affidavits of Buyers of Property” and broker-held escrow deposits. The public is invited, virtually or in-person.

Published:
October 19, 2023
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ImageegamI / Getty Images
Selling a Haunted House? What You Need to Know

Do buyers have a right to know that a listing comes with a ghost? In Fla., probably not – but states’ laws vary on what ghost-adverse buyers deserve to know.

Published:
October 18, 2023
approved mortgage application
Kittisak Jirasittichai / EyeEm / Getty
MBA Announces Diversity, Equity, Inclusion Awards

At the Mortgage Bankers Association’s (MBA) convention this week, MBA honored Fifth Third Bank, U.S. Bank Home Mortgage and Atlantic Bay Mortgage Group.

Published:
October 16, 2023
3 wooden homes, a pile of money and an FHA loan sign
Andrii Yalanskyi, Getty Images
HUD ‘Latino Task Force’ to Focus on Hispanic Housing

During Hispanic Heritage Month, HUD will take a closer look at housing issues, part of a larger federal effort to enhance educational and economic opportunities.

Published:
October 16, 2023
Workers on scaffolding on exterior of a building
Jasmin Merdan / Getty Images
RE Q&A: Fixer-Upper? Home Renovation Tips

Most buyers or current owners considering a remodel don’t know how to do the work or who to trust with the task. To start, check licenses, credentials and public records.

Published:
October 13, 2023
aerial view of subdivision and land
Jung Getty / Getty Images
Court Urged to Block Fla.’s Foreign-Buyer Property Law

Plaintiffs opposing Fla.’s foreign-buyer law submitted a preliminary-injunction request to an appeals court this week after a U.S. district judge denied the request.

Published:
October 6, 2023

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