If a sales associate receives a portion of a commission from a closing agent, what must be provided?

When a sales associate receives a portion of a commission from a closing agent, it is essential that there are written instructions from their broker. This requirement ensures compliance with Florida real estate regulations, which dictate that all agreements and communications related to commissions and fees must be documented to provide clarity and to protect all parties involved in the transaction.

Having written instructions offers legal backing and establishes accountability. It also helps to clarify the terms under which the sales associate is entitled to receive a portion of the commission. This documentation prevents potential disputes regarding compensation and reinforces adherence to the policies set forth by the broker, ensuring that all actions taken by the sales associate align with the broker's practices and compliance standards.

Oral agreements may lack the necessary legal weight and can lead to misunderstandings, while documentation from the buyer and contracts with the seller are not directly related to the commission arrangements that involve the sales associate and the closing agent. Written instructions from the broker are thus the fundamental requirement in this scenario.