Fla. Admin. Code Ann. R. 61G2-5.002 - Required Record Keeping

(1) The auction business which conducts an auction must maintain for a period of 2 years from each sale, a record book of all sales for which a written agreement is required. This record book is subject to inspection by the Department or at the request of the Board and must contain the following:

(a) A brief description of the property offered;

(b) The name and address of the owner of the property offered;

(c) The name and address of the buyer;

(d) The price at which the property sold;

(e) The date sale proceeds were delivered to the owner; and

(f) The date and place of sale.

(2) Clerking records shall be maintained to supply the information required in paragraphs 61G2-5.002(1)(a), (c) and (d), F.A.C., so long as they are maintained in a manner which is readily available and accessible to the Board and Department.

(3) Record Keeping: Inspection of the records of the auction business shall be required in connection with any violation of Chapters 455 and 468 part VI, F.S., or any rules promulgated thereunder.

Notes

Fla. Admin. Code Ann. R. 61G2-5.002

Rulemaking Authority 468.384(2) FS. Law Implemented 468.388(3) FS.

New 5-6-87, Amended 1-28-92, Formerly 21BB-5.002, Amended 10-12-93, 10-2-95.

New 5-6-87, Amended 1-28-92, Formerly 21BB-5.002, Amended 10-12-93, 10-2-95.