Florida Real Estate License Law: Who Is Protecting the Public?

Authors

Nancy P. Campiglia, Florida Association of Realtors' Graduate Relator Institute

First Page

419

Document Type

Article

Abstract

Premised on the proposition that there exists a "mismatch between the regulatory objective and the technique chosen to achieve it," this article illustrates the false sense of security advanced by the belief that state licensure and regulation provide the yellow brick road to consumer safety in real estate. Part II presents the inadequacy of the threshold standards for state licensing. Part III concentrates on the deficiency of educational requirements in relation to the importance of the duties endemic to the tasks of real estate licensees. Part IV demonstrates that the FREC, whose purpose is to protect the public, is in fact frustrating that purpose by promoting reactive rather than proactive laws, which serve more to entrap licensees and produce revenue than to promote ethical and competent behavior. Part V analyzes the vulnerability for wrong decision making that exists within the current regulatory structure. Lastly, Part VI offers solutions to the problems discussed in this article.

Recommended Citation

Nancy P. Campiglia, Florida Real Estate License Law: Who Is Protecting the Public?, 9 St. Thomas L. Rev. 419 (1997).
Available at: https://scholarship.stu.edu/stlr/vol9/iss2/7