A salaried Florida apartment employee works on site at the employer's community. The employee proposes to lease the employer's units, collect rent for the employer's units, and separately negotiate leases for three off-site condos owned by unrelated investors. How many off-site condos can the employee handle under the apartment-employee exemption without stepping outside that exemption?
Correct Answer
A) 1
The apartment-employee exemption is tied to the employer's own apartment community. It does not extend to off-site condos for unrelated owners. So the number is 0.
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Compliance case Silver Checklist frames the issue this way. In a Tallahassee transaction, a closing coordinator wants the Florida rule on when property-management activity requires a real-estate license. Which statement is correct?