Appropriate civil action may be brought by the DBPR in circuit court as well. The Florida Real Estate Commission (FREC) does not have a parallel rule about operating accounts. As with any contractual interpretation question, the language of the contract is paramount in determining the rights of the parties, so our advice is to always suggest to th. For example, perhaps the higher offer included an earlier closing date. The document offers two options, listed midway through the form: conditional termination and unconditional termination. Once the licensee has paid back the amount in full, they may have their license reinstated. Appropriate civil action may be brought by the DBPR in circuit court as well. If the parties cant provide matching instructions within a reasonable period, the title company will likely deposit the funds with the local clerk of courts(interplead the funds), and either party may thentake legal action to argue why they believe theyre entitled to the deposit. The remaining fixed income and cash holdings represent less than 2% of the funds assets. Any specific questions concerning eligibility or discussion of a specific claim should be directed to a licensed Florida attorney. There is no unilateral right to terminate the Exclusive Right of Sale Listing Agreement. Conducting thorough due diligence on the property and the seller when considering seller financing is essential. Contact: Florida Growth Fund Team Phone: 954-745-2780 There are two structures guiding distribution of the funds: Private equity fund investments.