RedWeek Real Estate LLC; The Notice of Petition for Declaratory Statement was published in Vol. 42, No. 180, of the September 15, 2016 Florida Administrative Register. The Commission considered the Petition at a duly-noticed public meeting on ...

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Florida Real Estate Commission

NOTICE IS HEREBY GIVEN that The Florida Real Estate Commission has issued an order disposing of the petition for declaratory statement filed by RedWeek Real Estate LLC on September 01, 2016. The following is a summary of the agency’s disposition of the petition:

The Notice of Petition for Declaratory Statement was published in Vol. 42, No. 180, of the September 15, 2016 Florida Administrative Register. The Commission considered the Petition at a duly-noticed public meeting on October 18, 2016. The Petition sought the Commission’s interpretation of Sections 475.25(1)(h), F.S., and further sought an opinion on whether Petitioner may share a real estate brokerage commission resulting from the sale of a timeshare with a company located and properly licensed to do business in Thailand. The Commission grants the petition because: the Commission finds that the Petitioner may legally share a commission with the Thai broker.

A copy of the Order Disposing of the Petition for Declaratory Statement may be obtained by contacting: Lori Crawford, Executive Director, Division of Real Estate, 400 West Robinson Street, Suite N801, Orlando, Florida 32801.