What remedies can a principal pursue against a licensee who is an SA for fiduciary violations?

• A. Civil action for damages only
• B. AG action only
• C. Disciplinary action by FREC only
• D. Civil action for damages, AG action for violations of F.S. 475, and disciplinary action by FREC

Answer: (D)

When a licensee who acts as a fiduciary to a principal breaches duties, several avenues exist to address the harm and protect the public. The principal can pursue civil damages in court for the breach of fiduciary duties, seeking compensation for their losses. The state can take action under the real estate statute (F.S. 475) to enforce compliance and penalize violations, providing another layer of enforcement beyond private litigation. Additionally, the Florida Real Estate Commission can discipline the licensee for violations of the license law, which may lead to sanctions such as fines, probation, suspension, or revocation of the license. Because all three avenues—civil damages, AG enforcement for statute violations, and disciplinary action by FREC—are available, they together represent the full range of remedies a principal can pursue in this situation.