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Landlord Tenant Property ManagementProperty_management_flMEDIUM

In a Tampa transaction, a buyer wants the Florida rule on management agreements. Which statement is correct?

Correct Answer

D) A CAM license automatically authorizes apartment leasing and brokerage activity for any owner in Florida.

Property-management activity for another person may require a real estate license in Florida. This follows F.S. § 475.011; Florida property-management licensing principles; FREC Real Estate Law Book.

Answer Options
A
Handling rents and security deposits never implicates real estate trust-account rules if the manager calls the money 'operating funds.'
B
Any onsite apartment leasing employee must hold a sales-associate license, even when the statutory exemption applies.
C
Property-management activity for another person may require a real estate license in Florida.
D
A CAM license automatically authorizes apartment leasing and brokerage activity for any owner in Florida.

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Related Topics & Key Terms

Key Terms:

floridastate_portionproperty_management_fllandlord_tenant_property_management
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