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2016 Regular Session



Real Estate Brokers - Agency Relationships in Residential Real Estate Transactions - Disclosure and Consent Requirements

Sponsored by:

Senator Conway


Veto sustained (0-46)

Synopsis:Altering the requirements for a specified disclosure that a licensee of the State Real Estate Commission must make under specified circumstances; establishing a specified exception to a specified disclosure requirement; establishing specified exceptions to the time when a specified disclosure must occur; requiring the Commission to prepare and provide a specified required notice; requiring a subagent to make a specified required disclosure under specified circumstances; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senator Conway
Additional Facts:Cross-filed with: HB1469
Bill File Type: Regular
Effective Date(s): October 1, 2016
Education, Health, and Environmental Affairs  View Committee HearingEconomic Matters
Broad Subject(s):Business Regulation and Occupations
Narrow Subject(s):Agents and Brokers
Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Committees and Commissions -see also- Political Committees
Contracts -see also- Land Installment Contracts; Procurement
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Real Estate -see also- Agents and Brokers
Real Property
Statutes:Article - Business Occupations and Professions
(17-528, 17-530, 17-533)

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October 24, 2017 5:10 P.M.