Florida § 475.272 Purpose

Florida Statutes

§ 475.272 — Purpose

Florida § 475.272

TitleXXXII

Ch. 475REAL ESTATE BROKERS, SALES ASSOCIATES, SCHOOLS, AND APPRAISERS

This text of Florida § 475.272 (Purpose) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 475.272 (2026).

Text

In order to eliminate confusion and provide for a better understanding on the part of customers in real estate transactions, the Legislature finds that the intent of the Brokerage Relationship Disclosure Act is to provide that:

(1)Disclosed dual agency as an authorized form of representation by a real estate licensee in this state is expressly revoked;

(2)Disclosure requirements for real estate licensees relating to authorized forms of brokerage representation are established;

(3)Single agents may represent either a buyer or a seller, but not both, in a real estate transaction; and

(4)Transaction brokers provide a limited form of nonfiduciary representation to a buyer, a seller, or both in a real estate transaction.

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In order to eliminate confusion and provide for a better understanding on the part of customers in real estate transactions, the Legislature finds that the intent of the Brokerage Relationship Disclosure Act is to provide that:

(1) Disclosed dual agency as an authorized form of representation by a real estate licensee in this state is expressly revoked;

(2) Disclosure requirements for real estate licensees relating to authorized forms of brokerage representation are established;

(3) Single agents may represent either a buyer or a seller, but not both, in a real estate transaction; and

(4) Transaction brokers provide a limited form of nonfiduciary representation to a buyer, a seller, or both in a real estate transaction.