Legislation

Title: Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act)
Sponsored by: Senator Hayes
Status: In the Senate - Hearing 2/22 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Requiring a real estate broker or an escrow agent, if a purchaser terminates a certain transaction under certain circumstances, to distribute trust money to the purchaser within 30 days after a certain written notice of the termination is sent; requiring a holder of trust money who makes a certain distribution to notify the seller and purchaser of the distribution within a certain period of time; establishing that a holder of trust money may not be held liable for a certain decision to distribute the trust money; etc.

Committees

Original:: Judicial Proceedings Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0720

Bill File Type: Regular

Effective Date(s): October 1, 2022

History

Legislation History
Chamber Senate Calendar Date 1/26/2022 Legislative Date 1/26/2022 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act) Proceedings
Chamber Senate Calendar Date 1/28/2022 Legislative Date 1/28/2022 Action Reassigned to Judicial Proceedings Proceedings 13 Click to view Recorded Media
Chamber Senate Calendar Date 2/03/2022 Legislative Date 2/03/2022 Action Hearing 2/22 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/26/2022	1/26/2022	First Reading Finance
			Text - First - Real Estate - Real Estate Brokerage Services and Termination of Residential Real Estate Contracts (The Anthony Moorman Act)
Senate	1/28/2022	1/28/2022	Reassigned to Judicial Proceedings	13 Click to view Recorded Media
Senate	2/03/2022	2/03/2022	Hearing 2/22 at 1:00 p.m.

File Code

Subjects

Statutes