Which answer most accurately states the Florida rule for conflicting demands or good-faith doubt?
Correct Answer
A) After the last party's demand, the broker generally has 30 business days to institute one of the authorized settlement procedures unless a statutory exception applies.
After the last party's demand, the broker generally has 30 business days to institute one of the authorized settlement procedures unless a statutory exception applies. This follows Rule 61J2-14.008, F.A.C.; F.S. § 475.25; FREC Real Estate Law Book; DBPR Bureau of Enforcement FAQs.
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