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CS/CS/HB 667 — Real Estate Brokers and Appraisers

by Rulemaking Oversight and Repeal Subcommittee; Business and Professional Regulation Subcommittee; and Rep. Porter (CS/SB 852 by Regulated Industries Committee and Senator Bean)

This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.

Prepared by: Regulated Industries Committee (RI)

The bill relates to the regulation of real estate brokers and real estate appraisers. Regarding real estate brokers, the bill permits brokers to be issued an additional license if that license will not be used in a manner that is likely to be harmful to any person. It also authorizes the Florida Real Estate Commission within the Department of Business and Professional Regulation (department) to deny a multiple license request and provides that all of the licenses of a broker are subject to discipline in the same final order. 

The bill deletes references to “licensed appraiser” because, as of 2003, the department has been prohibited under current Florida law from issuing licenses for the category of licensed appraiser. 

The bill requires the applicant for an appraiser registration or certification must meet the conditions adopted by the Appraiser Qualifications Board on December 9, 2011, as prescribed by rule of the department’s Real Estate Appraiser Board. 

Effective January 1, 2014, the bill changes the term “Appraisal Qualifications Board” to the “Appraiser Qualifications Board.”

If approved by the Governor, these provisions take effect upon becoming law.

Vote: Senate 38-0; House 117-0