Business & Professional Regulation ›  Florida Real Estate Commission ›  Chapter 61J2-14 · Funds Entrusted To Brokers - Deposits And Escrows

Rule 61J2-14.009. Real Estate Sales Associate

Amended February 5, 2004 (current)

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. History–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.