What is the primary purpose of Florida's real estate advertising disclosure requirements?
Correct Answer
B) To ensure public identification of the responsible brokerage
Correct: The disclosure requirements ensure the public can identify which brokerage is responsible for the advertisement and any related services. Why not A: Increasing costs is not the purpose; consumer protection is the goal. Why not C: The rules don't limit advertising quantity, only require proper identification. Why not D: The rules apply equally to all brokerages and don't promote specific companies.
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Earnest money deposits in Florida must be placed in escrow within:
- → Broker Thompson discovers that earnest money from a failed transaction has been sitting in his escrow account for 18 months. The buyer and seller cannot agree on disbursement. What is Thompson's best course of action under Florida law?
- → A Florida broker must register sales associates with DBPR within:
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Sales associate David wants to create business cards for networking events. What must appear on his business cards to comply with Florida law?
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Broker Janet receives a complaint that one of her sales associates posted misleading information about a property's square footage on social media. What is Janet's potential liability under Florida law?