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Which answer most accurately states the Florida rule for management agreements?

Correct Answer

B) Community-association-manager licensure is not the same thing as apartment-building or single-family property management.

Community-association-manager licensure is not the same thing as apartment-building or single-family property management. 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
Community-association-manager licensure is not the same thing as apartment-building or single-family property management.
C
A CAM license automatically authorizes apartment leasing and brokerage activity for any owner in Florida.
D
Florida has one general property-manager license that covers every type of property-management activity.

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Related Topics & Key Terms

Key Terms:

floridastate_portionproperty_management_fllandlord_tenant_property_management
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