Florida Chapter 475.43: Unlicensed Broker Games

[John Thedford]

Fl Chapter 475.43 specifically states that unlicensed brokers using contracts as a scheme to broker real estate are illegal and the contracts are NOT enforceable. Any buyer can walk in behind one of these frauds, make an honest offer, put down substantial consideration, and kick the unlicensed broker to the curb.

From the statute:
All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserve

[John Thedford]

There is a place on the complaint form. I put my name, address, etc. I have nothing to hide. Only the crooks need to worry! I have held my license about a dozen years. I have also held pawnbroking licenses in Tx and FL. I also have a federal license for my other business activity. NEVER one complaint or fine or hearing from any state or federal agency. It's real simple: play by the rules. Agreed? How would having the complainants name even the playing field?