SENATE BILL 426

Sponsored By:

Senator Della

Entitled:

Real Estate Brokers and Salespersons - Transaction Fees Prohibited

Synopsis:

Prohibiting real estate brokers and real estate salespersons from charging a transaction fee; requiring the State Real Estate Commission to adopt regulations; defining the term "transaction fee"; etc.

History by Legislative Date

Senate Action

1/31

First Reading Education Health and Environmental Affairs

House Action

No Action

Bill indexed under the following Subjects:

AGENTS AND BROKERS

COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES

CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES

FEES -see also- DEVELOPMENT FEES AND TAXES

REAL ESTATE -see also- AGENTS AND BROKERS

RULES AND REGULATIONS

Bill affects the following Statute:

Business Occupations and Professions

( 17-615 )

Documents:

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

Fiscal Note: Not available at this time

Amendments: None offered