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Florida Real Estate Course
Chapter 6
Florida Real Estate Practice Question
Which statement is TRUE regarding the Florida Commercial Real Estate Sales Commission Lien Act?
Answer choices
A
The lien attaches directly to the commercial real estate, acting as a cloud on the title.
B
The Act allows brokers to place a lien exclusively on the owner's net proceeds from the sale of commercial property
C
The broker can use this Act to attach a lien to the net proceeds from the sale of both residential and commercial properties
D
The lien attaches to the buyer's earnest money deposit held in escrow
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