DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Florida Real Estate Commission
RULE NOS.:RULE TITLES:
61J2-10.023Branch Office
61J2-10.030Rental Information
PURPOSE AND EFFECT: The purpose of the amendment is to update the rule language.
SUMMARY: Update rule language.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:
The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.
The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: During discussion of the economic impact of this rule at its Board meeting, the Board, based upon the expertise and experience of its members, determined that a Statement of Estimated Regulatory Costs (SERC) was not necessary and that the rule will not require ratification by the Legislature. No person or interested party submitted additional information regarding the economic impact at that time.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
RULEMAKING AUTHORITY: 475.05 FS.
LAW IMPLEMENTED: 475.23, 475.24, 475.453(1), (2) FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAR.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Giuvanna Corona, Executive Director, Florida Real Estate Commission, 400 W. Robinson Street, #N801, Orlando, FL 32801, Giuvanna.Corona@myfloridalicense.com.
THE FULL TEXT OF THE PROPOSED RULE IS:
61J2-10.023 Branch Office.
(1) through (2) No change.
(3) If a broker closes a branch office and, at about the same time, establishes another at a different location, the registration of the office which was closed may not be transferred. Such new location is a new branch office which must be registered and the fee paid as though the other had not been closed. Upon application to the Department BPR, the broker may reopen the first office at any time during the license period without payment of an additional fee. Application may be made utilizing Form DBPR RE 8, Application for Branch Office, which is incorporated by reference in Department Rule 61-35.027(7).
Rulemaking Specific Authority 475.05 FS. Law Implemented 475.23, 475.24 FS. History–New 1-1-80, Formerly 21V-10.23, Amended 6-28-93, Formerly 21V-10.023, Amended 12-30-97, .
61J2-10.030 Rental Information.
(1) No change.
(2) Each contract or receipt agreement shall be contained on one side of one page not larger than 8 1/2 × 11 inches. The type size of the balance of the terms of the contract shall be in a size not smaller than 8 point type. Each licensee shall furnish to the Department BPR a copy of the current contract or receipt agreement within 30 days of use of such agreement.
Rulemaking Specific Authority 475.05, 475.453(2) FS. Law Implemented 475.453(1), (2) FS. History–New 1-1-80, Formerly 21V-10.30, Amended 6-28-93, Formerly 21V-10.030, Amended 11-20-07, .
NAME OF PERSON ORIGINATING PROPOSED RULE: Florida Real Estate Commission
NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Florida Real Estate Commission
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: August 19, 2020
DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: September 30, 2020
Document Information
- Comments Open:
- 10/15/2020
- Summary:
- Update rule language.
- Purpose:
- The purpose of the amendment is to update the rule language.
- Rulemaking Authority:
- 475.05 FS.
- Law:
- 475.23, 475.24, 475.453(1), (2) FS.
- Related Rules: (2)
- 61J2-10.023. Branch Office
- 61J2-10.030. Rental Information