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11 Cards in this Set
- Front
- Back
what is the Interstate Land Disclosure Act?
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It regulates interstate land sales by requiring developers to file a registration statement with HUD disclosing relevant information concerning real estate developments (subdivisions)
* A property report also must be provided to each purchaser |
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How can indiduals be placed on "no sales solicitation calls" list.
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by notifying the Division of Consumer Services of the Department of Agriculture and Consumer Services and paying a fee.
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what is the purpose of the National Do Not Call Registry?
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to limit telemarketing calls to Consumers at their home.
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Who does the Florida Division of Consumer Services share its lists of numbers with
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the national registry
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Can Real Estate licensees call anyone on the national registry list to solicit sales of real property, timeshares, or any services related to such properties?
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No Real Estate Licensees CANNOT legally call anyone on the reg: try list for the purpose of Soliciting sales.
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What may happen if a licensee violates the statue pertaining to to telephone solicitation?
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* May be punishable by a civil penalty not to exceed $ 10,000 per violation as well as other disciplinary actions.
* Violators of g. federal Law can be fined up to $ Hao per violation. |
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If a Broker or its Associates perform telemarketing calls who must the Broker register with?
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National Do Not Call Registry.
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IF a number appears on the National Do Not Call Registry car a licensee still all that number?
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Only if there is an established business relationship
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what is considered to be an established business relationship ?
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* The period after 18 months following a transaction
* 3 months following an inquiry |
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Under Federal Law what are the legal fine frames of all solicitation?
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8:00 AM-9:00PM
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pre calls to expired listings allowed?
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No They are still considered violations of Federal Law.
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