Florida Yacht Broker License

Did you know that you need a license to sell boats of 32 feet in Florida? That’s because it’s considered a yacht by state statute. Learn more about the Florida Yacht Broker License by reading the information below.

Who needs a Florida Yacht Broker License?

Florida defines a “Yacht” as any vessel in the water exceeding 32 feet. Additionally, this includes vessels powered by wind and/or motors. The previous definition comes with a few exceptions, however. These exceptions are selling your own yacht, attorneys, new yacht sales, receivers, and foreclosures.

Do I need a Yacht Broker License or a Florida Yacht Salesmen License?

Ah, which comes first? The chicken or the egg? Unfortunately, Florida requires that all salesmen be licensed and work for a licensed broker. However, you can’t get a Florida Yacht Broker License unless you’ve been a yacht salesmen for two consecutive years. So, you’ll need to first become a salesperson if you wish to open your own brokerage.

How much does each license cost?

We mentioned above that there are two license types. However, both licenses cost the same. That’s right. The cost for a yacht salesmen license is the same as the yacht broker license. Each of these licenses will cost you $551. Additionally, you can add another brokerage location for $100.

What else do I need for my Yacht Broker and Salesmen license?

In addition to the state fee, you’ll need a few other items. For example: You’ll need to provide fingerprints, a completed application, and a surety bond. However, the surety bond amounts aren’t the same. The Florida Yacht Salesmen License requires a $10,000 bond while the Yacht Broker License requires a $25,000 bond. You can find the price of your bond by applying here .

Do you need help applying for your license?

If so, you’ve come to the right place. We can help you apply for your license with the DFCTMH . Yacht broker licenses fall under their supervision. In most cases, we can help you apply for and obtain your license faster and easier than going it alone. In fact, many of our clients have already started the process when they come to us for help. Learn more about what we do or apply online today!

Jimerson Birr, P.A.

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Yacht and Ship Broker License Requirements

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How does Florida regulate and authorize licenses?   

Under the Florida Statutes, a “license” to regulate professions and occupations means any permit, registration, certificate, or license issued by the Department of Business and Professional Regulation (the “DBPR”). An occupational license is a privilege accorded by the state or its subdivisions to conduct a business at a particular location and is not a property right protected by substantive due process; the denial of such license does not prevent the business owner from pursuing a lawful occupation but merely stops the business from operating at a particular location. Ammons v. Okeechobee County , 710 So. 2d 641 (Fla. 4th DCA 1998).   

On July 1, 2021, the Florida Legislature passed Section 163.211 into law, which prevents any county, municipality, or other political subdivision of Florida from implementing additional licensing requirements for most occupations. Therefore, a prospective applicant only needs to satisfy state statutory requirements.  

Need help receiving, renewing, or defending your license? Schedule your consultation today with a top administrative law and licensing attorney .   

How does the licensing process work in Florida?  

A prospective licensee must apply through the DBPR, which must review the application and have the discretion to reject or accept applications for new licenses and license renewals as long as the discretionary review is reasonable. See KJS v. Department of Children and Family Services , 974 So. 2d 1106 (Fla. 1st DCA 2007).   

On the other hand, licensees seeking renewal must file for renewal before their license expires, or they will not be allowed to engage in their occupation until the DBPR grants a separate, new license. See Legal Environmental Assistance Foundation, Inc. v. Board of County Com’rs of Brevard County , Fla., 61 F.3d 25 (11th Cir. 1995).   

When the DBPR receives a license application, the agency has 90 days to examine the application, timely notify the applicant of any errors or omissions, request additional information, and, ultimately, issue a notice of intent to either grant or deny the license. The DBPR may not deny renewal without a full, open, and fair hearing for license renewals. See Wilson v. Pest Control Commission of Fla. , 199 So. 2d 777 (Fla. 4th DCA 1967).   

Which laws and regulations apply to yacht and ship broker licenses in Florida?  

The Florida entity that regulates yacht and ship licenses is the  Florida Department of Business and Professional Regulation (DBPR) . Specifically, the DBPR’s Division of Florida Condominiums, Timeshares, and Mobile Homes oversees yacht and ship brokers and salespersons licensing.  

Federal and state laws regulate yacht and ship licenses, with federal laws such as the  Jones Act  governing matters like vessel documentation and maritime law.  

Under Florida law, yacht and ship licenses fall under  Chapter 326, Florida Statutes  (Yacht and Ship Brokers). Furthermore, the  Florida Administrative Code (FAC)  sets additional rules and regulations for yacht and ship licenses.   

What are the application and retention requirements for yacht and ship broker licenses in Florida? 

Application Requirements:

Applicants for yacht and ship licenses in Florida must meet specific criteria. First, individuals must be at least 18 years old and of good moral character. Second, they must complete a pre-licensure course approved by the DBPR. Third, applicants must pass a written examination administered by the DBPR. Fourth, they must submit a surety bond or letter of credit for $25,000. Finally, applicants must pay an application fee and complete a licensing application form.  

Retention Requirements:

To maintain their yacht and ship license, licensees must adhere to specific requirements. They must renew their licenses every two years, pay the applicable renewal fee, and complete at least eight hours of continuing education every two years.   

Additionally, licensees must maintain their surety bond or letter of credit and adhere to the regulations outlined in Chapter 326, Florida Statutes, and the Florida Administrative Code. Failure to comply with these requirements may result in disciplinary actions, including fines, suspension, or license revocation.  

To determine whether you meet the yacht and ship broker license requirements, please contact our office to set up your initial consultation.  

Can the DBPR’s license decision be appealed?  

Yes, an adverse license decision made by the DBPR is appealable. The authority for appealing such decisions comes from the Florida Administrative Procedure Act (APA) , Chapter 120 of the Florida Statutes. Specifically, the right to appeal derives from Florida Statutes §120.569 and §120.57 . The APA establishes the framework for challenging agency actions, such as licensing decisions, through administrative hearings and judicial review.   

If an applicant or licensee receives an adverse decision from the DBPR, they may request an administrative hearing to challenge it. The request for a hearing must be submitted within the timeframe specified in the agency’s notice, which is generally 15 days from the date of the notice, as provided in Section 120.569(2)(a), Florida Statutes .  

The administrative hearing process commences with submitting a petition for a hearing to the agency. The petition must comply with the requirements outlined in Rule 28-106.201, Florida Administrative Code . If the petitioner qualifies for an administrative hearing, the case is referred to the Division of Administrative Hearings (DOAH) and assigned to an administrative law judge (ALJ).  

The ALJ conducts the hearing, like a trial, with both parties presenting evidence and testimony. After the hearing, the ALJ issues a recommended order, which includes findings of fact, conclusions of law, and a recommendation for a final decision. The DBPR then reviews the recommended order and issues a final order, either adopting, modifying, or rejecting the ALJ’s recommendations.  

Suppose the petitioner is unsatisfied with the DBPR’s final order. In that case, they can seek judicial review by filing a notice of appeal with the appropriate District Court of Appeal, as provided in Section 120.68, Florida Statutes . The court reviews the case to determine if the agency’s decision follows from competent, substantial evidence and complies with the law.  

Have more questions about a professional licensing-related situation?  

Crucially, this overview of yacht and ship licenses does not begin to cover all the laws implicated by this issue or the factors that may compel the application of such laws. Every case is unique, and the laws can produce different outcomes depending on the individual circumstances.  

Jimerson Birr attorneys guide our clients to help make informed decisions while ensuring their rights are respected and protected. Our lawyers are highly trained and experienced in the nuances of the law, so they can accurately interpret statutes and case law and holistically prepare individuals or companies for their legal endeavors. Through this intense personal investment and advocacy, our lawyers will help resolve the issue’s complicated legal problems efficiently and effectively.  

Having a Jimerson Birr attorney on your side means securing a team of seasoned, multi-dimensional, cross-functional legal professionals. Whether it is a transaction, an operational issue, a regulatory challenge, or a contested legal predicament that may require court intervention, we remain a tireless advocate every step of the way. Being a value-added law firm means putting the client at the forefront of everything we do. We use our experience to help our clients navigate even the most complex problems and come out the other side triumphant.  

If you want to understand your case, the merits of your claim or defense, potential monetary awards, or the amount of exposure you face, you should speak with a qualified Jimerson Birr lawyer. Our experienced team of attorneys is here to help. Call Jimerson Birr at (904) 389-0050 or use the contact form to set up a consultation .  

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How To Get a Yacht Broker License in Florida? Here’s What You Need To Know

fl yacht broker license

Have you ever dreamed of being a yacht broker in the beautiful state of Florida? If so, you may be wondering what it takes to get a yacht broker license in the Sunshine State.

In this article, we’ll be looking at the requirements, exams, and application process for getting a yacht broker license in Florida, as well as the benefits that come with it.

Read on to learn more about how to get a yacht broker license in Florida!.

Table of Contents

Short Answer

In order to get a yacht broker license in Florida, you will need to meet the requirements set by the Florida Department of Business and Professional Regulation.

This includes having a high school diploma, completing a 40-hour course from an approved provider, and successfully passing a broker or salesperson licensing exam.

You will also need to provide documentation of your work experience in the yacht brokerage industry and complete a background check with the Florida Department of Law Enforcement.

Once you have met all of these requirements, you can apply for your license with the Florida Department of Business and Professional Regulation.

What Is a Yacht Broker License?

A yacht broker license is a credential issued by the Florida Real Estate Commission (FREC) that allows a person to legally engage in the practice of selling, leasing, and managing boats and yachts in the state of Florida.

With a yacht broker license, individuals are able to help buyers and sellers navigate the process of buying and selling vessels in the state.

To obtain a yacht broker license, applicants must meet certain educational, experience, and testing requirements.

It is important to note that yacht broker licenses are specific to the state of Florida and will not be recognized in other states.

Education Requirements

fl yacht broker license

Getting a yacht broker license in Florida requires a combination of education and experience, as well as certification.

To become a licensed yacht broker in the Sunshine State, you must first complete a 60-hour course approved by the Florida Real Estate Commission (FREC).

This course covers topics such as boat types, financing, and sales techniques.

So, if youre looking to become a yacht broker in Florida, it is important to invest in a quality education that will give you the knowledge and skills necessary to succeed in this role.

The FREC-approved course will cover a variety of topics, including contract law, boat types, boat financing, boat sales, boat repair, boat maintenance, and more.

You will also learn about the legal and regulatory aspects of becoming a yacht broker in Florida.

This course is essential for those looking to become a yacht broker in the Sunshine State, as it will provide you with the necessary knowledge to understand and navigate the legal and regulatory aspects of the industry.

In addition to the educational requirements, applicants must also have two years of documented experience in the industry.

This could include working at a boat dealership or marina, or any other type of related experience.

This experience is necessary to demonstrate that you have a good understanding of the industry, and are prepared to take on the role of a yacht broker in Florida.

Finally, applicants must also pass the FREC yacht broker exam.

This exam will test your knowledge of the legal and regulatory aspects of being a yacht broker in Florida.

Once you have passed the exam, you will be eligible to submit your application to the FREC and receive your license.

With a yacht broker license in Florida, you can help buyers and sellers navigate the process of buying and selling vessels in the Sunshine State.

So, if youre looking to become a yacht broker in Florida, make sure to invest in quality education and experience, and pass the FREC exam, to ensure that youre well-prepared for the role.

Experience Requirements

Becoming a licensed yacht broker in Florida is no small feat; it requires a combination of education, experience, and certification.

In addition to taking the required 60-hour course approved by the Florida Real Estate Commission (FREC), applicants must also have two years of documented experience in the industry.

This experience could include working at a boat dealership, marina, or yacht club or in any other capacity related to the sale of vessels.

This experience requirement is designed to ensure that applicants are well-versed in the industry, familiar with the types of boats available for sale, and knowledgeable about the sales process.

During the two years of experience, applicants should have acquired knowledge of boat types, financing, and sales techniques.

This experience should also provide applicants with insight into the legal aspects of the industry, such as contracts, liens, and title transfers.

For those who do not have two years of experience, it is possible to substitute up to one year of the required experience with a college degree in marine-related studies.

This could include a degree in marine engineering, marine technology, or a similar program.

Additionally, some schools offer courses in the yacht brokerage field, which can also be used to satisfy the experience requirements.

It is also important to note that the experience requirement must be documented.

This means that applicants must have proof of their experience in the form of letters from employers or other documentation that can be provided to the FREC.

This is necessary to ensure that applicants are truly knowledgeable and experienced in the field.

Certification Requirements

fl yacht broker license

In order to become a licensed yacht broker in Florida, you must fulfill a set of certification requirements.

First and foremost, you must complete a 60-hour course approved by the Florida Real Estate Commission (FREC).

Additionally, applicants must possess two years of documented experience in the industry, such as working at a boat dealership or marina.

Finally, applicants must pass the FREC yacht broker exam.

Only once all of these requirements are met can applicants submit their application to the FREC and receive their license.

The FREC yacht broker exam is a two-hour test that covers a range of topics related to the sale of boats and yachts in Florida.

These topics include familiarization with vessels and hull types, knowledge of marine contracts and financing, and understanding of the regulatory environment that governs yacht sales.

The test also covers topics such as safety, marketing, and insurance.

The exam is administered in the form of a multiple-choice test and must be passed with a score of 70% or higher to be eligible for a license.

It is important to note that the FREC yacht broker exam is not the only certification requirement for becoming a yacht broker in Florida.

In addition to passing the exam, applicants must also demonstrate two years of documented experience in the industry.

This experience can take the form of working as a boat dealer, marina employee, or other related field.

All documents and certificates must be submitted to the FREC as part of the application process.

Once all of the certification requirements have been fulfilled, applicants can submit their documents to the FREC and receive their license.

With a yacht broker license, you can help buyers and sellers navigate the process of buying and selling vessels in Florida.

Licenses must be renewed every two years and continuing education is required to maintain the license.

Exam Requirements

In order to obtain a yacht broker license in Florida, applicants must first pass the FREC yacht broker exam.

This exam covers a variety of topics related to the sale and purchase of boats, such as boat types, financing, and sales techniques.

The exam consists of 80 multiple-choice questions, and applicants must obtain a score of 75% or higher to pass.

In addition to the multiple-choice portion of the exam, applicants must also complete a written portion, which requires them to answer four essay questions.

The essay questions cover topics such as boat sales, contracts, and financing.

The essay portion of the exam is graded on a pass/fail basis, and applicants must receive a passing score in order to receive their license.

In order to prepare for the exam, applicants can take a pre-licensing course approved by the FREC.

This course covers all of the topics that will be covered on the exam, and can help applicants gain the knowledge and confidence they need to pass the exam.

Additionally, applicants can purchase study materials and practice exams to help them prepare for the exam.

Applicants must also pay a fee when registering for the exam, which covers the cost of the exam materials.

The fee for the exam varies depending on the type of license being applied for, so it is important to check with the FREC for the most up-to-date information.

Once applicants have passed the exam, they can then submit their application to the FREC and receive their license.

Application Process

fl yacht broker license

Once you have met the educational, experience, and certification requirements to become a yacht broker in Florida, you can apply for your license.

The application process is straightforward and involves submitting an application to the Florida Real Estate Commission (FREC).

The application requires information such as your name, address, and contact information.

Additionally, you must provide proof of the 60-hour course and two years of experience, as well as the results of your yacht broker exam.

You may also need to submit other documents, such as a criminal background check and additional forms of identification.

Once your application and accompanying documentation have been accepted, the FREC will issue your license.

Its important to note that the application process may take several weeks to complete, so its best to plan ahead and give yourself plenty of time to ensure that you receive your license in a timely manner.

Furthermore, you should be aware that the FREC may deny your application if any of the requirements are not met or if there are any issues with the documentation you provide.

If this happens, you will need to address the issues and submit an updated application.

Once you have your yacht broker license in Florida, you can begin helping buyers and sellers navigate the process of buying and selling vessels in the Sunshine State.

Benefits of a Yacht Broker License

Having a yacht broker license in Florida comes with a number of benefits.

First and foremost, it allows you to legally operate as a yacht broker in the state of Florida, giving you access to potential business opportunities.

Additionally, having a license shows that you have the necessary knowledge and experience to effectively help buyers and sellers navigate the process of buying and selling vessels in Florida.

As a licensed yacht broker, you can also take advantage of exclusive professional networks and industry events, such as Florida Yacht Broker Association meetings and conferences, which can provide you with valuable connections and information.

Furthermore, having a license can help you build credibility with potential customers and create trust, as it demonstrates your commitment to excellence in the industry.

Finally, having a yacht broker license can help you stay up-to-date on new laws and regulations, which is essential for staying ahead in the competitive world of yacht brokering.

Final Thoughts

With the right education, experience, and certification, you can become a yacht broker in Florida and help buyers and sellers navigate the complexities of buying and selling vessels in the Sunshine State.

If you’re interested in becoming a yacht broker in Florida, now is the time to get started.

Get informed on the requirements, take the 60-hour FREC course, gain the necessary experience, and take the FREC yacht broker exam.

Once you’ve met all the requirements, you can submit your application to the FREC and receive your license.

With a yacht broker license in hand, you will be well on your way to a successful career in the industry.

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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How To Become A Yacht Broker

fl yacht broker license

Jul 19, 2016

Professional yacht brokering is an appealing career for many people who have a maritime background and live close to the water. How does one go about becoming a yacht broker? What steps should you take in order to successfully become a licensed broker? Let’s look at some fundamental requirements one must consider in the pursuit of becoming a broker.

It’s important to understand the industry of boating before diving into this career path. Being familiar with different boat brands is key; you wouldn’t start selling cars with any knowledge of car brands. This will serve as a base for understanding the prices, quality, performance, and manufacturing quality of individual yachts. Having this basic comprehension will pave the way for smooth sailing when dealing with experienced and amateur customers.

Certifications:

The Yacht Brokers Association of America strongly recommends that new brokers receive their CPYB (Certified Professional Yacht Broker). This certification is not mandatory for yacht brokering, but it puts potential customers in a more comfortable situation. To become eligible for certification, one must have at least three years in sales/yacht brokerage, a history of using and maintaining legal contracts, required licenses, and proof of appropriate trust accounts. The certification process concludes with an exam that determines if one is fit to become a certified broker.

Only a few states actually require new yacht brokers to have a license. States that do require one will need to see evidence of a background in sales, more specifically experience under another licensed broker. Another portion of states will require an administered background check in order to continue the licensing process. Next, yacht brokers may have to take out surety bonds in order to protect their clients and themselves in case of a financial emergency. After acquiring your license, it’s important to note that state rules and regulations state that you must renew your license pending a specific amount of time.

A bachelor’s degree is the standard to find employment in yacht brokering, although having a GED or no formal higher-level education could be sufficient depending on the situation. Ultimately, having a strong knowledge of boats and boating culture can take you far in this field, it is more than possible to become successful in yacht brokering without a college degree.

In the end, anyone can become a yacht broker. If you are motivated, like to make your own hours, and have a thorough knowledge of everything boating…you are on the right track. If you have any questions, or have any of your own tips for becoming a yacht broker, please leave a comment!

Interested in becoming a yacht broker? Join our team today! Contact us at [email protected] or call our office at 910-239-9344. Learn more here!

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Welcome To IYBA

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IYBA Events

IYBA holds a variety of educational and networking events throughout the year to help our members stay abreast of important business and legal trends and build important strategic industry alliances.

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Worldwide events

Although IYBA hosts a lot of important events, we can't do them all. See at a glance what other marine industry events are happening worldwide.

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JOIN YOUR MLS

The member listing service (MLS) is a database established by our industry’s leading professional yacht broker associations to collect, control & provide data about vessels for sale and is exclusively for yacht sales professional use.

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COMPASS magazine

This quarterly, professionally written, edited and designed publication is a must have for marine industry insiders. COMPASS provides the latest information on industry news and trends, member news, legal advice and more.

IYBA for the benefit of all marine industry professionals

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Legislative Affairs

Another one of IYBA's most important services is an ongoing government affairs program. It monitors and sponsors legislation to enhance and grow the yacht brokerage industry and help remove barriers to commerce.

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Document Library

Through IYBA's member maritime attorneys, IYBA offers its members the yacht brokerage industry's best contract and forms, which are constantly updated to ensure they set the standard for our industry.

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Member Directory

An overview of all IYBA members and see the newest additions to the IYBA family. IYBA members have access to the contact details of other members in the member portal.

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What's going on in the marine industry? See our latest news, updates and articles.

IYBA

As an IYBA Member, you'll have access to some of IYBA's exclusive privileges. Some of those privileges include seminars, professional development, legal advocacy, networking events, open houses, and legislative clout.

IYBA

About YachtWorld

YachtWorld offers the largest selection of new and used yachts in the world to complement even the most unique yachtsman’s journey. Our world-class shopping experience attracts over 1.8 million boaters every month, providing comprehensive information from the most knowledgeable brokers and connecting more buyers and sellers than any other brokerage resource.

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About Robert Allen Law

Robert Allen Law advises clients in all facets of the yachting business. From brokerage houses and individual brokers, to buyers, sellers and dealers, to manufacturers, banks and other lenders, and even crew members, the firm has a diverse group of clients in the yachting industry from all corners of the globe.

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About Alley, Maass, Rogers & Lindsay P.A.

Alley, Maass, Rogers & Lindsay, P.A. has 15 attorneys representing individual and corporate clients from around the country. The firm’s practice areas include estate, trust and will planning; estate, probate, and trust administration; maritime; commercial and residential real estate matters; variance and zoning; business and corporate matters; and banking law.

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About Willis Towers Watson

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets.  

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Yachtbroker.org is the only industry owned multiple listing service for active Professional & Charter members of professional yacht broker’s associations such as IYBA, YBAA, MYBA and CYBA. We do not work directly with any vessel buyers or sellers. We do not receive any commissions or referral fees from any resulting transactions. Guidelines for use of this platform and its data feeds are outlined in your MLS Broker Reciprocity Authorization Agreement. Sign up at https://mls.ybaa.org/mls-authorization-agreement .

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Yachtr is today’s most technically advanced and accurate platform for buying and selling yachts and boats of all sizes. Using the latest YachtBroker.org MLS technology, highly vetted brokers, and linking with a secure transaction processing system, buying or selling your floating asset is simple, seamless, and safe.

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About Becker & Poliakoff

From the moment we opened our doors, Becker has been fearlessly pushing the edge of what’s possible for our clients. We’ve carefully cultivated our practices and our people to give you the very best: our formidable expertise, our strategically creative thinking, and our undivided attention. We are your champion, keenly focused on understanding your situation, solving your challenges, achieving your goals. We step into your shoes — so we can show you the right way to step ahead.

Founded in 1973, our attorneys have always been pioneers, boldly breaking new ground and taking unconventional approaches to tough legal challenges. Today our attorneys have tremendous expertise and depth of strength in our core practice areas.

At the heart of everything we say and do is our relentless commitment to serving our clients in the best way possible.

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 Marsh McLennan is at home in moments when there are more questions than answers. Clients seek us out for our unique scope, across issues of risk, strategy and people—the fundamental challenges that every organization has to get right. Our work together spans virtually every industry, making organizations more successful and societies more resilient, enabling progress amidst opportunity as well as uncertainty. That is the power of what we do. Our 76,000 colleagues around the world are united in purpose and action for the benefit of clients, shareholders and society. Today, our purpose has never been more important or more relevant: to make a difference in the moments that matter. Clients face a world being rapidly reshaped by a global health and economic crisis; new technologies that both transform and disrupt; and the mounting consequences of social injustice and a warming climate. Together, we help our clients see what’s possible, mobilize their people and manage risk as they navigate new pathways.

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About Dockmate

Dockmate offers the world’s most advanced, affordable and safest wireless remote control system for a boats engines, Pods, thrusters, anchor and horn.

Docking a larger boat in crowded marinas, where expensive damage might be only inches away, is oftentimes a very stressful experience for the captain & crew.

Dockmate ENDS that stress permanently, as the captain is able to leave the helm for a closer look at his surroundings, and using a small handheld remote control, he can still be in complete & confident control of the boat’s movement and safely guide it to the dock.

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About Benetti

From the imagined to the tangible, Benetti presents an inimitable reverie that has been able to charm the celebrity elite worldwide. The portrait of Prince Rainier III with Grace Kelly on the Benetti Gabbiano in the bay of Monte Carlo remains iconic. Not forgetting the notes of Queen’s song titled Khashoggi ’s Ship, voicing Freddy Mercury’s experience on board M/Y Nabila, the most famous yacht of her time.

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Common Surety Bonds:

  • Freight Broker Bond (BMC-84)
  • Contractor's License Bond
  • Motor Vehicle Dealer License Bond
  • Certificate of Title Bond (for vehicle titles)
  • Insurance Adjuster Bond

Other Options for You:

  • Surety Bonds by State
  • Click to Call and Speak with a Surety Bond Expert Call and Speak with a Surety Bond Expert 1-800-608-9950

Florida Yacht and Ship Broker Bond

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What is a Florida Yacht and Ship Broker Bond?

A $25,000 Yacht and Ship Broker Bond is required by the Florida Department of Business and Professional Regulation for persons or businesses that engage in the sale of yachts or ships in the state of Florida . The obligation ensures that the broker is accountable for financial transactions and complies with laws and regulations of the state.

Often times, an additional bond called a Yacht Salesperson Bond is also required for each sales individual employee acting in a sales capacity.

Purchase Your Florida Yacht Broker Bond Today

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2-Year Bond

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If you'd prefer, call us at 1-800-608-9950

Why is a Florida Yacht Broker Bond Required?

The surety bond ensures that the bonded principal and all agents and employees faithfully comply with the provisions of the Yacht and Ship Brokers’ Act and all rules and regulations set out by the Florida Department of Business and Professional Regulation, Division of Florida Land Sales, Condominiums and Mobile Homes, Section of General Regulation. Further, the bond requires that the principal appropriately apply all funds received and perform all obligations and undertakings according to state statutes and laws in the conduct of business as a yacht and ship broker.

Anyone injured by fraud, deceit, or willful negligence on the part of the yacht broker or salesperson, or through the failure of the broker or salesperson to comply with the Yacht and Ship Brokers’ Act or other laws may seek compensation for damages against the surety bond.

Yacht Broker 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 fee
  • Complete set of fingerprints
  • Original surety bond or letter of credit in the amount of $25,000 for a broker’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

Note: Individuals may not be licensed as a yacht broker prior to having been a salesperson for at least two consecutive years. Furthermore, individuals may not be licensed as a yacht broker without being licensed as a salesperson for at least two consecutive years.

Additional Florida Yacht Broker Bond Resources & Links

  • Florida Department of Business and Professional Regulation Division of Florida Condominiums, Timeshares and Mobile Homes Yacht and Ship Forms
  • 9 Things to Consider When Buying or Selling a Yacht in Florida

Search the DBPR Knowledge Base

  • Support Home
  • /app/account/overview, Support History > /app/account/questions/list, Account Settings > /app/account/profile, Notifications > /app/account/notif/list"/>

Fingerprints:

Some applications require a background check as part of the licensing process..

  • Military Endorsement ( All Boards)
  • Alcoholic, Beverages and Tobacco
  • Athlete Agents
  • Community Association Managers
  • Construction
  • Employee Leasing
  • Home Inspectors
  • Mold Remediation and Assessment
  • Real Estate Appraisers
  • Real Estate Sales and Brokers
  • Talent Agents
  • Yachts and Ship Salesperson or Broker

Under this sub heading you will find information on whether fingerprinting is required and how to complete one as part of your application for licensure.

  • When should I submit my fingerprints if I am applying for a license?
  • How do I make an appointment for electronic fingerprinting at one of the Florida electronic fingerprinting sites and are there any restrictions?
  • How much does electronic fingerprinting cost?

What happens after I get my fingerprints done using a Live Scan Service Provider?

I submitted a fingerprint card when I was initially licensed. Why do I have to submit fingerprints every five years thereafter? My fingerprints have not changed.

  • How does the electronic fingerprinting process actually work?

What if I miss my reserved time and arrive late to the Florida electronic fingerprinting site, do I need to reschedule?

What do I need to bring with me to the Florida electronic fingerprinting site?

How long are my fingerprints valid for?

Who is required by law to submit electronic fingerprints to the Department of Business and Professional Regulation?

What should I do if I am notified by the Department of Business and Professional Regulation that the Florida Department of Law Enforcement or the Federal Bureau of Investigation determined my electronic fingerprints were illegible?

Can I use my recent prints to apply for another professional license?

If I reside out of state, how do I submit my fingerprints without having to travel to Florida?

If an applicant is already licensed by DRE, does that person need to have a background check and do a new set of fingerprints for the AMC application?

When applying for a real estate license how do I complete my fingerprints?

Do I need to submit fingerprints to obtain a real estate appraiser license?

  • Do I need to submit fingerprints to obtain a real estate license?

For a farm labor contractor’s license, do I need to get my fingerprints done before taking the examination?

How do I obtain the fingerprint criminal background check for electrical contractor employees?

I need to submit my fingerprints in order to receive a pari-mutuel and or cardroom occupational license. How much do I pay in addition to the license fee?

How do I find a Live Scan Service Provider in order to submit my fingerprints to the department?

Where do I get the ORI number to submit to the provider?

How long will it take to have my fingerprints scanned?

I submitted my fingerprint through an FDLE approved provider, but I have now received a deficiency letter regarding my fingerprints. What should I do?

What kind of assistance can the DBPR provide if I have problems with a Live Scan Service Provider?

More Details:

To learn more about fingerprinting, please visit our Fingerprint webpage .

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IMAGES

  1. How do you get a yacht brokers license in Florida?

    fl yacht broker license

  2. How to Sell Your Boat with a Yacht Broker

    fl yacht broker license

  3. 9 Things to Consider When Buying or Selling a Yacht in Florida

    fl yacht broker license

  4. How To Get a Yacht Broker License in Florida? Here’s What You Need To

    fl yacht broker license

  5. How to Become a Yacht Broker: License (USA & UK Requirements)

    fl yacht broker license

  6. Duties and Responsibilities of Miami Yacht Brokerage

    fl yacht broker license

VIDEO

  1. Mitchel 31 For Sale YACHTSCO

COMMENTS

  1. Licensing Portal

    Yacht & Ship Broker Reinstatement 2601 Blair Stone Road, Tallahassee FL 32399 :: Email: Customer Contact Center :: Customer Contact Center: 850.487.1395 The State of Florida is an AA/EEO employer.

  2. How do I obtain a license to become a yacht and ship broker or

    To apply for a yacht and ship broker or salesperson license, you must complete an application on DBPR FORM YS 6000-1, and submit it along with the $551 fee, a complete set of fingerprints, and an original surety bond or letter of credit in the amount of $10,000 for a salesperson or $25,000 for a broker.. References: Rules 61B-60.003, Florida Administrative Code

  3. How to Become a Yacht Broker in Florida: A Clear Guide

    The yacht salesperson license allows you to work for a yacht brokerage and sell yachts under the supervision of a licensed yacht broker. To obtain a yacht broker or salesperson license in Florida, you must meet the following requirements: Be at least 18 years old. Be a high school graduate or have a GED.

  4. How do I find out if a yacht broker or salesperson is licensed by the

    Published 10/19/2010 11:42 AM | Updated 12/13/2018 03:00 PM. How do I find out if a yacht broker or salesperson is licensed by the state of Florida? You may verify a yacht broker's or salesperson's license by visiting www.MyFloridaLicense.com, or by contacting the Yacht and Ship Brokers' Section at 850.487.2987.

  5. Florida Yacht Broker License

    For example: You'll need to provide fingerprints, a completed application, and a surety bond. However, the surety bond amounts aren't the same. The Florida Yacht Salesmen License requires a $10,000 bond while the Yacht Broker License requires a $25,000 bond. You can find the price of your bond by applying here.

  6. How do I renew my Florida yacht broker or salesperson license?

    Attn: FCTMH's Yacht and Ship Brokers' Section. 2601 Blair Stone Road. Tallahassee, Florida 32399-1030. At least 60 days prior to your license expiration date, the Division of Florida Condominiums, Timeshares, and Mobile Homes will mail to you a DBPR Form YS 6000-6 (Application for Yacht and Ship License Renewal/Branch Office Renewal).

  7. Yacht and Ship Broker License Requirements

    Applicants for yacht and ship licenses in Florida must meet specific criteria. First, individuals must be at least 18 years old and of good moral character. Second, they must complete a pre-licensure course approved by the DBPR. Third, applicants must pass a written examination administered by the DBPR. Fourth, they must submit a surety bond or ...

  8. Florida Yacht & Ship Salesperson/Broker License Guide

    This comprehensive video guide outlines the yacht and ship salesperson/broker license application process set forth by the Florida Department of Business and...

  9. Licensing Portal

    This transaction is used when a broker wants to activate or deactivate a sales associate's status with the broker. 2601 Blair Stone Road, Tallahassee FL 32399 :: Email: Customer Contact Center :: Customer Contact Center: 850.487.1395

  10. How To Get a Yacht Broker License in Florida? Here's What You Need To

    In order to obtain a yacht broker license in Florida, applicants must first pass the FREC yacht broker exam. This exam covers a variety of topics related to the sale and purchase of boats, such as boat types, financing, and sales techniques. The exam consists of 80 multiple-choice questions, and applicants must obtain a score of 75% or higher ...

  11. Licensing Portal

    Sales Associate Initial Application (RE 1) A sales associate is a person who, for another, and for compensation or in anticipation of compensation, appraises, auctions, sells, exchanges, buys, rents or offers, attempts or agrees to appraise, auction, or negotiate any sale, exchange, purchase, or rental of business enterprises or any real property or any interest in or concerning the same or ...

  12. How To Become A Yacht Broker

    The yacht brokerage process typically begins when a boat seller lists the yacht with a broker. Generally, the seller will agree to pay a commission to the yacht broker when the vessel sells (usually 10 percent of the boat's purchase price). This commission will be paid to the selling broker at the closing.

  13. How To Become A Yacht Broker

    To become eligible for certification, one must have at least three years in sales/yacht brokerage, a history of using and maintaining legal contracts, required licenses, and proof of appropriate trust accounts. The certification process concludes with an exam that determines if one is fit to become a certified broker.

  14. 61B-60 : YACHT AND SHIP BROKERS

    YACHT AND SHIP BROKERS: Add to MyFLRules Favorites: View Chapter: 61B-60. ... Application for and Renewal of Broker or Salesperson License: 11/3/2003: 61B-60.004 : Bond and Irrevocable Letter of Credit: 3/13/2002: 61B-60.005 : ... Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response ...

  15. What is the difference between a Florida licensed yacht and ship broker

    A Florida licensed yacht salesperson is a person who has been licensed by the Division, and who is employed by a broker to perform any acts of a broker. Each salesperson's license must remain in the possession of the employing broker until canceled or until the salesperson leaves such employment.

  16. Statutes & Constitution :View Statutes : Online Sunshine

    The 2023 Florida Statutes (including Special Session C) 326.004 Licensing.—. (1) A person may not act as a broker or salesperson unless licensed under the Yacht and Ship Brokers' Act. The division shall adopt rules establishing a procedure for the biennial renewal of licenses. (2) A broker may not engage in business as a broker under a ...

  17. Getting Your Broker's License: Electronic Fingerprint FAQs

    With more than 1900+ members and growing, the International Yacht Brokers Association (IYBA) is the world's largest and most influential association for the yacht brokerage & charter industry. Established in 1987 and formerly known as the Florida Yacht Brokers Association, IYBA is dedicated to professionalism and ethics in all aspects of yacht ...

  18. Licensing Portal

    Include Historic Licenses Licenses Per Page: 10 20 30 40 50 Search Clear Back 2601 Blair Stone Road, Tallahassee FL 32399 :: Email: Customer Contact Center :: Customer Contact Center: 850.487.1395

  19. Become A Member

    Marine industry's largest yacht brokerage association including an official list of professional yacht brokers and the official list of MLS yachts for sale. X. Register as a Guest ... Fort Lauderdale, FL 33316 . [email protected] +1 954.522.9270 +1 954.764.0697 ...

  20. PDF YACHT AND SHIP BROKER CHANGE FORM

    Pursuant to Chapter 326, F.S., all Florida Yacht & Ship Broker's/Salesperson's licenses must reflect the correct name, correct company affiliation, and correct company address, at all times during the two-year licensure period. Any changes made after issuance of the original license shall be filed with DBPR (Yacht & Ship

  21. Licensing Portal

    Search by License Number Search by City or County Search by License Type: Search Clear Back: 2601 Blair Stone Road, Tallahassee FL 32399:: Email: Customer Contact Center:: Customer Contact Center: 850.487.1395 ... Under Florida law, email addresses are public records. If you do not want your email address released in response to a public ...

  22. Florida Yacht Broker Bond

    Required fee. Complete set of fingerprints. Original surety bond or letter of credit in the amount of $25,000 for a broker'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.

  23. What is a foreign or out-of-state yacht and ship broker or salesperson?

    A foreign or out-of-state yacht and ship broker or salesperson is a yacht and ship broker or salesperson who primarily conducts business outside of Florida or outside of the United States, and does not have a Florida yacht and ship broker license or a Florida yacht salesperson license. Foreign or out-of-state brokers may conduct business with ...

  24. Fingerprints:

    Real Estate Sales and Brokers; Talent Agents; Yachts and Ship Salesperson or Broker Under this sub heading you will find information on whether fingerprinting is required and how to complete one as part of your application for licensure. When should I submit my fingerprints if I am applying for a license?

  25. DBPR

    License Name: DAVIS, TODD RYAN; Doing Business As: EDWARDS YACHT SALES; Yacht and Ship Salesperson or Broker; License Status: Current; ; Location: 510 BROOKSIDE DRIVE, CLEARWATER, FL 33764. THE OFFICIAL SITE OF THE FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION ... License Type: Yacht and Ship Salesperson or Broker : Rank: YS ...