Real estate terms

Immediately defined

Brokers must place trust funds into and escrow account immediately which is defined in a rule as no later than. The end of the third business day following receipt.

Florida's telemarketing law

10,000 fine per violation

Telephone Consumer Protection Act

16,000 fine

Telephone solicitation regulation

Florida Law No sales solicitation list Maintained by the dept. of agriculture and consumer services 10,000 fine Federal law National do not call registry 16,000 fine No exceptions for fsbos (must check registry) Florida list added to national registry

false advertising

Is a misdemeanor of the second degree

Exceptions to National Do-Not-Call List

When representing a potential buyer, you may call a FSBO seller, provided the buyer is interested in the property• May contact individuals with whom associate had an established business relationship for up to 18 months• May contact a customer for 3 months after a business inquiry • You May call FSBOs to solicit a listing unless they are on the National DNC List!