Originally Posted by sailpower
Please cite the applicable law.
YACHT AND SHIP BROKERS AND SALESPERSONS
A*yacht and ship broker*is someone who performs the services of buying
and/or selling a previously owned yacht on behalf of another person, for compensation.* The term “yacht” is defined as any vessel in the water
which is propelled by sail or machinery and exceeds 32 feet in length and weighs less than 300 gross tons.*
A*yacht and ship salesperson*is someone who is employed by a yacht broker to perform the services of a broker.* If you are going to hire someone to perform the services of a yacht broker or salesperson in Florida
, they need to be licensed. *Yacht brokers and salespersons are also required to carry a good and sufficient surety bond or letter of credit.
The Yacht and Ship Brokers’ Act establishes jurisdiction to regulate the activities of brokers and salespersons of yachts in Florida
. These persons are licensed and regulated by the Yacht and Ship Brokers’ Section, a sub-unit of the Division of Florida Condominiums, Timeshares, and Mobile Homes. The section is located in Tallahassee and performs licensing, educational, and investigative functions with consumer protection as the primary focus of the regulation. The section processes licenses and responds to consumer complaints and inquiries concerning activities within the industry.
The following items are offered as examples of services that require an individual with a Florida license
to perform, and services that do not require an individual with a Florida license
to perform.**The list is not all inclusive. If you have specific questions, please contact the Yacht and Ship Brokers’ Section at 850.487.2987 or by email
You can also visit the Section’s website in order to access Chapter 326, F.S., Administrative Rules, Division forms, and FAQ at **http://www.myfloridalicense.com/dbpr...htandShip.html
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