What is a penalty for a second-degree misdemeanor under FS 475?

The correct understanding regarding penalties for a second-degree misdemeanor under Florida Statute 475 is that it typically involves a fine of up to $500 or imprisonment for a duration not exceeding 60 days. This classification of misdemeanor reflects the severity of the infraction and its corresponding penalties.

In this context, the penalties associated with higher-level misdemeanors or felonies differ significantly, with first-degree misdemeanors carrying stiffer penalties, such as a higher fine or longer imprisonment terms. The relevance of this distinction is particularly important for individuals in the real estate field, as it helps to clarify the legal ramifications of non-compliance with the regulations established by the Florida Real Estate Commission.

Thus, the option indicating a $500 fine or imprisonment for up to 60 days accurately encapsulates the penalty structure for a second-degree misdemeanor under FS 475, and provides an important guideline for compliance and risk management in real estate practices.