61G2-5.002. Required Record Keeping

61G2-5.002 Required Record Keeping. (1) The auction business which conducts an auction must maintain for a period of 2 years from each sale, a record book of all sales for which a written agreement is required. This record book is subject to inspection by the Department or at the request of the Board and must contain the following: (a) A brief description of the property offered; (b) The name and address of the owner of the property offered; (c) The name and address of the buyer; (d) The price at which the property sold; (e) The date sale proceeds were delivered to the owner; and (f) The date and place of sale. (2) Clerking records shall be maintained to supply the information required in paragraphs 61G2-5.002(1)(a), (c) and (d), F.A.C., so long as they are maintained in a manner which is readily available and accessible to the Board and Department. (3) Record Keeping: Inspection of the records of the auction business shall be required in connection with any violation of Chapters 455 and 468 part VI, F.S., or any rules promulgated thereunder.