Section 73C-60.005 - Fines(1) The Department will impose a $1,000 fine against the foreign principal for each day that the registration is late. Except as provided in section 692.203(3)(b), F.S., the registration will be deemed late if it is filed more than 30 days after the real property is owned or acquired by the foreign principal.(2) The Department will issue a notice of violation to any foreign principal found in violation of section 692.203(3), F.S., prior to final agency action. Such notice will include hearing rights pursuant to section 120.569, F.S.(3) Fines imposed are due and payable to the Department within 30 days of entry of the final order unless otherwise stated in the final order.Fla. Admin. Code Ann. R. 73C-60.005
Rulemaking Authority 692.203(10) FS. Law Implemented 692.203 FS.
Adopted by Florida Register Volume 49, Number 244, December 19, 2023 effective 1/4/2024.