The Florida Senate

CS/SB 1816: Real Estate Profession Regulation

GENERAL BILL by Regulated Industries ; Posey

Real Estate Profession Regulation; provides for broker associate or sales associate licensure as professional limited liability company; provides additional grounds for discipline for brokers; revises required information on transaction broker notice, single agent notice, & no brokerage relationship notice; requires schools teaching real estate practice to keep certain records & documents & make them available to DBPR, etc. Amends Ch. 475, 721.20.

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• Bill History

  Date	Chamber	Action
  2/8/2006	Senate	• Filed
  2/23/2006	Senate	• Referred to Regulated Industries; Judiciary; General Government Appropriations
  3/7/2006	Senate	• Introduced, referred to Regulated Industries; Judiciary; General Government Appropriations -SJ 00147
  3/29/2006	Senate	• On Committee agenda-- Regulated Industries, 04/03/06, 2:30 pm, 110-S
  4/3/2006	Senate	• CS by Regulated Industries; YEAS 8 NAYS 0 -SJ 00375; CS read first time on 04/05/06 -SJ 00379
  4/4/2006	Senate	• Now in Judiciary -SJ 00375
  4/26/2006	Senate	• Withdrawn from Judiciary -SJ 00577; Now in General Government Appropriations
  5/1/2006	Senate	• Withdrawn from General Government Appropriations -SJ 00738; Placed on Calendar, on second reading
  5/3/2006	Senate	• Placed on Special Order Calendar -SJ 00966; Substituted HB 1009 -SJ 00894; Laid on Table, Link/Iden/Sim/Compare passed, refer to HB 1009 (Ch. 2006-210)

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• CS/SB 1816, Committee Substitute 1 (Current Bill Version) Posted 4/4/2006 at 11:28 AM

  Bill Text:	Web Page | PDF

  Analyses:	Regulated Industries (Post-Meeting) 3/30/2006 (pdf)

  Related Bills (1)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location
  H 1009 (e1)		Cretul	Similar	Last Action: 6/13/2006 Approved by Governor; Chapter No. 2006-210 Location:

  Citations - Statutes (18)

  Citation	Catchline	Location in Bill Location In Bill Help
  475.161	Licensing of broker associates and sales associates.
  475.181	Licensure.
  475.183	Inactive status.
  475.25	Discipline.
  475.278	Authorized brokerage relationships; presumption of transaction brokerage; required disclosures.
  475.42	Violations and penalties.
  475.451	Schools teaching real estate practice.
  475.452	Advance fees; deposit; accounting; penalty; damages.
  475.453	Rental information; contract or receipt; refund; penalty.
  475.701	Definitions.
  475.707	Recording commission notice; effectiveness.
  475.709	Duties of closing agent; reservation of owner's net proceeds.
  475.711	Interpleader or other proceedings; deposit of reserved proceeds in court registry; discharge of closing agent from further liability.
  475.713	Civil action concerning commission; order to show cause; hearing; release of proceeds; award of costs and attorney's fees.
  475.715	Priority of recorded commission notice.
  475.719	Buyer's broker.
  475.807	Recording lien notice; effectiveness.
  721.20	Licensing requirements; suspension or revocation of license; exceptions to applicability; collection of advance fees for listings unlawful.

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• SB 1816, Original Filed Version Posted 2/8/2006 at 8:20 AM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Committee Amendments (1)

  Amendment	Sponsor	Filed	Last Committee Action	Format
  340342 - Amendment	Regulated Industries (Posey)	3/31/2006 12:51 PM	Replaced by Committee Substitute 4/3/2006	Web Page PDF

  Committee Votes (1)

  Date	Committee	Result
  4/3/2006 2:30 PM	Regulated Industries	8 Yeas - 0 Nays

  Citations - Statutes (18)

  Citation	Catchline	Location in Bill Location In Bill Help
  475.161	Licensing of broker associates and sales associates.
  475.181	Licensure.
  475.183	Inactive status.
  475.25	Discipline.
  475.278	Authorized brokerage relationships; presumption of transaction brokerage; required disclosures.
  475.42	Violations and penalties.
  475.451	Schools teaching real estate practice.
  475.452	Advance fees; deposit; accounting; penalty; damages.
  475.453	Rental information; contract or receipt; refund; penalty.
  475.701	Definitions.
  475.707	Recording commission notice; effectiveness.
  475.709	Duties of closing agent; reservation of owner's net proceeds.
  475.711	Interpleader or other proceedings; deposit of reserved proceeds in court registry; discharge of closing agent from further liability.
  475.713	Civil action concerning commission; order to show cause; hearing; release of proceeds; award of costs and attorney's fees.
  475.715	Priority of recorded commission notice.
  475.719	Buyer's broker.
  475.807	Recording lien notice; effectiveness.
  721.20	Licensing requirements; suspension or revocation of license; exceptions to applicability; collection of advance fees for listings unlawful.

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