SECTION 475.272. Purpose.

Latest version.

1In order to eliminate confusion and provide for a better understanding on the part of customers in real estate transactions, the Legislature finds that the intent of the Brokerage Relationship Disclosure Act is to provide that:
37(1) 38Disclosed dual agency as an authorized form of representation by a real estate licensee in this state is expressly revoked;
58(2) 59Disclosure requirements for real estate licensees relating to authorized forms of brokerage representation are established;
74(3) 75Single agents may represent either a buyer or a seller, but not both, in a real estate transaction; and
94(4) 95Transaction brokers provide a limited form of nonfiduciary representation to a buyer, a seller, or both in a real estate transaction.

History.-s. 3, ch. 97-42; s. 8, ch. 98-250; s. 5, ch. 99-384.

Bills Cite this Section:

None

Implemented Rule (1):

61-35.017. Landscape Architecture Departmental Forms

Cited by Court Cases:

None

                    
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