A sales associate held a postdated check for two weeks instead of delivering it to her broker immediately. What is the correct outcome?

The sales associate's action of holding a postdated check for two weeks constitutes a violation of Florida Statutes Chapter 475, which governs real estate transactions and the conduct of real estate professionals. According to the statute, a sales associate must promptly deliver all funds, including checks, to the broker. This requirement is in place to maintain transparency and ensure that all financial transactions are handled properly and in a timely manner.

Holding onto a check, regardless of the circumstances or agreements between parties, can lead to misunderstandings and potential disputes. It may also create a risk of holding funds improperly, which can be considered a breach of trust and professionalism expected in real estate transactions. The law emphasizes the importance of promptness in delivering any monetary instrument to the broker, thus preventing any potential issues that could arise from delayed handling of funds.

In this case, the sales associate's delay in delivering the check directly violates these professional standards, leading to the conclusion that there is indeed a violation of statutory duties.