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Florida Statutes Title XXIV. Vessels § 326.002. Definitions

Current as of January 01, 2025 | Updated by Findlaw Staff

As used in ss. 326.001--326.006, the term:

(1) “Broker” means a person who, for or in expectation of compensation: sells, offers, or negotiates to sell; buys, offers, or negotiates to buy; solicits or obtains listings of; or negotiates the purchase, sale, or exchange of, yachts for other persons.

(2) “Division” means the Division of Florida Condominiums, Timeshares, and Mobile Homes of the Department of Business and Professional Regulation.

(3) “Salesperson” means a person who, for or in expectation of compensation, is employed by a broker to perform any acts of a broker.

(4) “Yacht” means any vessel that is propelled by sail or machinery in the water, exceeds 32 feet in length, and is:

(a) Manufactured or operated primarily for pleasure; or

(b) Leased, rented, or chartered to someone other than the owner for the other person's pleasure.

(5) “Person” means an individual, partnership, firm, corporation, association, or other entity.

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Cite this article: FindLaw.com - Florida Statutes Title XXIV. Vessels § 326.002. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-xxiv-vessels/fl-st-sect-326-002/

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