Broker Martinez operates under the trade name 'Sunshine Realty' which is properly registered with the state. Can his sales associates use 'Sunshine Realty' in their advertising instead of Martinez's personal name?
Correct Answer
B) Yes, registered trade names satisfy the identification requirement
Correct: Registered trade names satisfy the broker identification requirement in advertising per F.S. 475.42. Why not A: Trade names are acceptable alternatives to legal names when properly registered. Why not C: Both names are not required if using a registered trade name. Why not D: Sales associates must identify their employing broker, not create their own designation.
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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:
- → The difference between commingling and conversion:
- → Sales associate Mike wants to place a 'For Sale' sign on a listed property. Under Florida law, whose name must appear on the sign?
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- → According to Florida statute, what constitutes 'advertising' in real estate practice?
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- → In a Ocala transaction, a buyer wants the Florida rule on misleading claims. Which statement is correct?
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Previous Question
Florida real estate advertising rules prohibit all of the following EXCEPT:
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Sales associate David posts a property on Instagram with the caption 'Amazing waterfront condo! DM me for details! #RealEstate #Miami.' His broker's name appears in his Instagram bio but not in the post. Is this compliant with Florida advertising rules?