Florida Administrative Code
61 - DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
61J2 - Florida Real Estate Commission
Chapter 61J2-14 - FUNDS ENTRUSTED TO BROKERS - DEPOSITS AND ESCROWS
Section 61J2-14.009 - Real Estate Sales Associate
Every sales associate who receives any deposit, as defined in Rule 61J2-14.008, F.A.C., shall deliver the same to the broker or employer no later than the end of the next business day following receipt of the item to be deposited. Saturday, Sundays and legal holidays shall not be construed as business days. Receipt by a sales associate or any other representative of the brokerage firm constitutes receipt by the broker for purposes of paragraph 61J2-14.008(3), F.A.C.
Rulemaking Authority 475.05 FS. Law Implemented 475.25(1)(k) FS.
New 1-1-80, Formerly 21V-14.09, Amended 7-20-93, Formerly 21V-14.009, Amended 7-5-95, 11-10-97, 2-5-04.