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Why is a Florida Yacht Salesperson Bond Required?
This surety bond provides a limited guarantee that the yacht salesperson and all agents and employees conform to all rules and regulations made by the Florida Department of Business and Professional Regulation, Division of Florida Land Sales, Condominiums and Mobile Homes, Section of General Regulation and adhere to the provisions of the Yacht and Ship Brokers' Act. The surety bond also ensures faithful application of all funds received and performance of all obligations and undertakings made per provisions of the chapter covering broker or salesperson business conduct.
Yacht Salesperson Bonds And Getting Your Florida Business License/Registration
Application is made to the Division of Florida Condominiums, Timeshares, and Mobile Homes and will generally require the following items:
- Completed application (DBPR Form YS 6000-1)
- Required state application fee
- Complete set of fingerprints
- Original surety bond or letter of credit in the amount of $10,000 for a salesperson’s license.
Mail to:
Department of Business and Professional Regulation
Attn: FCTMH’s Yacht and Ship Brokers' Section
1940 North Monroe Street
Tallahassee, Florida 32399-1030