HOUSE BILL 801

Sponsored By:

Delegate Minnick

Entitled:

Nonresident Real Estate Brokers - Commercial Real Estate - Reciprocity

Synopsis:

Requiring both a nonresident real estate broker and a nonresident real estate salesperson to meet specified conditions in order to engage in a commercial real estate transaction in the State; requiring a specified written application to be submitted to the State Real Estate Commission before a nonresident real estate broker may provide services; establishing a fee of $45 for a temporary license; imposing specified reciprocity requirements; etc.

History by Legislative Date

House Action

2/7

First Reading Economic Matters

2/12

Hearing 2/25 at 1:00 p.m.

3/3

Favorable Report by Economic Matters

3/4

Favorable Report Adopted

Second Reading Passed

3/6

Third Reading Passed (138-0)

Senate Action

3/7

First Reading Education Health and Environmental Affairs

4/3

Favorable with Amendments Report by Education Health and Environmental Affairs

4/1

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/2

Third Reading Passed with Amendments (46-0)

Bill indexed under the following Subjects:

AGENTS AND BROKERS

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc

COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES

FEES -see also- DEVELOPMENT FEES AND TAXES

INTERSTATE AFFAIRS

LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES

NONRESIDENTS -see also- ALIENS

REAL ESTATE -see also- AGENTS AND BROKERS

Bill affects the following Statutes:

Business Occupations and Professions

( 17-536 , 17-537 , 17-538 , 17-539 , 17-540 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 344338/01 (PDF)     Offered on: April 3, 2003   at: 12:03 p.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

House

March 6, 2003: Third Reading Passed (138-0)

Senate

April 2, 2003: Third Reading Passed (46-0)