(1) A corporation, association or other organization or entity which engages in, or is desirous of engaging in, the business of community association management shall be registered under this rule and shall employ only licensed persons in the direct provision of community management services. Such entities shall register with the department, on Form DBPR CAM 2, Application for Community Association Management Firm License, incorporated by reference in subsection 61-35.020(2), F.A.C.

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Terms Used In Florida Regulations 61-20.003

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
    (2) There shall be a fee required to register an entity with the department as set forth in Fl. Admin. Code R. 61E14-3.001 Once an entity is registered, no renewal of the registration is required, and the registration shall be deemed valid unless suspended or revoked pursuant to Florida Statutes § 468.436, or Fl. Admin. Code R. 61E14-2.001
    (3) As officers or licensed personnel or the business address change, the department shall be notified on Form DBPR CAM 2, Application for Community Association Management Firm License, as incorporated by reference in subsection 61-35.020(2), F.A.C., within 60 days of such change.
Rulemaking Authority 455.2035 FS. Law Implemented Florida Statutes § 468.432. History-New 5-5-88, Amended 3-22-89, 2-5-91, Formerly 7D-55.003, 61B-55.003, Amended 10-10-17.