BP LOSS OF COMMISSION CLAIMS

At its June meeting, the Florida Real Estate Commission (FREC) issued a reminder to real estate salespersons submitting claims to BP for loss of a commission due to the oil spill in the Gulf of Mexico: Be aware that Chapter 475, Florida Statutes, requires any claim or payment for commission to go through the broker.
 
Real estate salespersons are not allowed to collect commission checks directly and, just as with any other commission, these payments must go through the brokerage company. 
 
Florida Realtors® members may call the Legal Hotline at (407) 438-1409, or email their question to the link provided on the home page of floridarealtors.org.