FREC Audit

Q: May the Department of Business and Professional Regulation inspect my office and my files? 

A: Yes. Section 475.5016, Florida Statutes, provides that the DBPR, its employees and/or agents have the power to inspect and audit, in a lawful manner at all reasonable hours, any broker or brokerage office.

Further, Section 475.5015, Florida Statutes, provides the DBPR the authority to inspect such "books, accounts and records as will enable the department to determine whether such broker is in compliance with the provisions of this chapter."