Florida Administrative Code
61 - DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
61J1 - Florida Real Estate Appraisal Board
Chapter 61J1-11 - DEFINITIONS
Section 61J1-11.001 - Definitions

Universal Citation: FL Admin Code R 61J1-11.001

Current through Reg. 50, No. 187; September 24, 2024

(1) "Address of record" means the mailing address of the appraisal management company.

(2) "Authorized representative" means any person who possesses the authority, directly or indirectly, to direct the management or policies of the appraisal management company, whether through ownership, by contract, or otherwise, as provided in Section 475.6235(2)(f), F.S.

(3) "Real estate related financial transaction" means any transaction involving:

(a) the sale, lease, purchase, investment in or exchange of real property, including interests in property or the financing thereof;

(b) the refinancing of real property or interests in real property; and

(c) the use of real property or interests in property as security for a loan or investment, including mortgage-backed securities.

Rulemaking Authority 475.614, 475.612(7) FS. Law Implemented 455.275(1), 475.612, 475.613, 475.6235, 475.624 FS.

New 7-16-12.

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