A course of study in auctioneering must meet the following requirements for its successful completion to qualify an applicant for licensure.

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Terms Used In Florida Regulations 61G2-6.001

  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
    (1) The course must consist of at least 80 hours of classroom instruction, with each classroom hour consisting of at least 50 minutes of instruction.
    (2) The course of study must result in a certificate of successful completion and must provide instruction in the following subjects:
    (a) Drafting and executing contracts for auction services;
    (b) Preparation and lot division of goods to be sold;
    (c) Conduct of auction, including proper bid calling;
    (d) Record-keeping at auction and maintenance of records required by law;
    (e) Preparation and completion of final settlement after auction;
    (f) Laws relating to bulk sales and the Uniform Commercial Code as it relates to auctioneering;
    (g) Laws relating to regulation of auctioneers.
    (h) Brokerages.
    (3) Classroom instruction means that required hours must be in person or from interactive, real-time courses. An interactive, real-time course may be a web-based, satellite transmitted, telephone or video conference, or online instruction program that allows or requires the licensee to interact in real time, including live chat, with the instructor during the presentation of the program or in a question and answer session upon completion of the program.
Rulemaking Authority 468.384(2), 468.385(6)(a) FS. Law Implemented 468.385(6) FS. History-New 1-26-88, Formerly 21BB-6.001, Amended 10-4-20.