Division of Administrative Hearings, Florida
Filed: Jun. 13, 1994
The issues for determination in this proceeding are whether Respondent violated Sections 475.25(1)(b), (d), and (e), Florida Statutes, 1/ through culpable negligence or breach of trust in a business transaction; by failing to account or deliver trust funds; and by failing to timely notify the Florida Real Estate Commission of a deposit dispute or to implement remedial action; and, if so, what, if any, penalty should be imposed.Broker who failed to timely implement remedial action should be reprimanded, placed on probation, and complete Continuing Program of Education.