If a broker requests an EDO and the dispute is settled before the EDO is issued, how long does the broker have to notify FREC?

In the context of a broker requesting an Emergency Hearing Request (EDO) and subsequently resolving the dispute before the EDO is issued, the correct timeframe for notifying the Florida Real Estate Commission (FREC) is 10 business days. This requirement ensures that FREC is informed of the resolution promptly, maintaining transparency and proper communication regarding the status of disputes related to real estate transactions.

Understanding this timeframe is crucial for brokers to comply with regulatory obligations and uphold professional standards within the real estate industry. The 10 business days serves as a sufficient period for brokers to communicate any changes while ensuring that FREC can effectively monitor disputes and their resolutions in a timely manner.