(1) Every person, partnership, limited liability partnership, corporation or limited liability company deemed and held to be a licensee under Florida Statutes Chapter 475, must register with the Florida Real Estate Commission (Commission) and must secure a license for each license period.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Florida Regulations 61J2-1.011

  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
    (2) The application fee shall be as follows:
(a) Broker
$11.00
(b) Sales Associate
$11.00
(c) School Instructor
$11.00
    (3) The initial fee for licensure shall be as follows:
(a) Broker
$54.00
(b) Sales Associate
$46.75
(c) School Instructor
$46.75
    (4) The biennial renewal fees for licensure shall be as follows:
(a) Broker
$72.00
(b) Sales Associate
$64.00
(c) School Instructor
$64.00
    (5) The biennial renewal fees for permits shall be as follows:
(a) Real Estate School
$104.00
(b) Real Estate School Additional Location
$45.00
    (6) The fees for each application submitted by an entity, sponsor, organization and individual equivalent offering education courses shall be as follows:
(a) Education offering
$80.00
(b) For each biennial education course offering renewal
$80.00
    (7) The initial registration and biennial renewal fees for registration of a corporation, partnership, limited liability company or limited liability partnership shall be as follows:
(a) Corporation, partnership, limited liability company or limited liability partnership
$72.00
(b) Branch office for a corporation, partnership, limited liability company or limited liability partnership
$64.00
    (8) Fees shall be charged for the following purposes:
(a) Change of Individual License to Professional Association or Professional Association to Individual License
$30.00
(b) Late fee
$25.00
    (9) Fees for worthless payment instrument (check, draft, order of payment, debit card order, or electronic funds transfer):
    (a) Pursuant to Florida Statutes § 68.065, if the payee of a payment instrument, the payment of which is refused by the drawee because of lack of funds, lack of credit, or lack of an account, or where the maker or drawer stops payment on the instrument with intent to defraud, the following service fees shall be charged:
1. Face value does not exceed $50.00
$25.00
2. Face value exceeds $50.00 but does not exceed $300.00
$30.00
3. Face value exceeds $300.00
$40.00 or 5% of the value of the payment instrument, whichever is greater.
    (b) Pursuant to Chapter 68.065, F.S., if the payee of a payment instrument, the payment of which is refused by the drawee because of lack of funds, lack of credit, or lack of an account, or where the maker or drawer stops payment on the instrument with intent to defraud, the following service fees shall be charged:
    (10) The fee and the time of payment for an inactive license shall be the same as for an active license, as set forth in subsection (3) of this rule; however, there is no inactive branch office license.
    (11) This rule shall be reviewed, and if necessary, repealed, modified, or renewed through the rulemaking process five years from the effective date.
Rulemaking Authority 455.219, 475.05, 475.125, 475.24 FS. Law Implemented 68.065, 215.34(2), 455.219, 475.04, 475.125, 475.15, 475.182, 475.24, 475.451 FS. History-New 10-10-79, Amended 1-1-80, 4-14-81, 9-13-82, 10-19-83, 8-12-84, 10-13-85, Formerly 21V-1.11, Amended 2-1-87, 1-1-88, 5-5-88, 10-13-88, 9-10-89, 1-4-90, 2-13-90, 3-27-90, 8-21-90, 10-9-90, 1-13-91, 8-19-91, 7-1-93, Formerly 21V-1.011, Amended 7-18-94, 12-17-95, 12-30-97, 1-19-99, 4-18-99, 2-24-00, 11-17-03, 3-8-05, 12-6-07, 8-18-08, 5-8-13, 6-29-14, 9-16-15, 9-13-16, 9-27-17, 8-15-19, 12-31-19, 11-1-21, 11-22-22.