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2014 SESSION
HB 251 Real Estate Board; death or disability of a broker.
Introduced by: Scott A. Surovell | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Real Estate Board; death or disability of a broker. Requires the Real Estate Board to grant approval to certain persons in a specific order of priority as may be designated by a broker in the event of his disability or death to conclude the business of the broker. Under current law, the Board may grant approval to the estate or an adult family member or employee of the licensed broker. The bill also requires the Real Estate Board to inform licensed brokers, in a manner deemed appropriate by the Board, of the broker's ability to designate an agent in the event of the broker's death or disability. This bill is a recommendation of the Virginia Housing Commission. The bill is identical to SB 438.
FULL TEXT
- 12/29/13 House: Prefiled and ordered printed; offered 01/08/14 14102964D pdf | impact statement
- 02/17/14 House: Bill text as passed House and Senate (HB251ER) pdf | impact statement
- 02/27/14 Governor: Acts of Assembly Chapter text (CHAP0024) pdf
HISTORY
- 12/29/13 House: Prefiled and ordered printed; offered 01/08/14 14102964D
- 12/29/13 House: Referred to Committee on General Laws
- 01/10/14 House: Assigned GL sub: Subcommittee #1
- 01/28/14 House: Reported from General Laws (21-Y 0-N)
- 01/30/14 House: Read first time
- 01/31/14 House: Read second time and engrossed
- 02/03/14 House: Read third time and passed House (97-Y 0-N)
- 02/03/14 House: VOTE: PASSAGE (97-Y 0-N)
- 02/04/14 Senate: Constitutional reading dispensed
- 02/04/14 Senate: Referred to Committee on General Laws and Technology
- 02/10/14 Senate: Reported from General Laws and Technology (15-Y 0-N)
- 02/11/14 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/12/14 Senate: Read third time
- 02/12/14 Senate: Passed Senate (39-Y 0-N)
- 02/17/14 House: Enrolled
- 02/17/14 House: Bill text as passed House and Senate (HB251ER)
- 02/17/14 House: Signed by Speaker
- 02/19/14 Senate: Signed by President
- 02/27/14 Governor: Approved by Governor-Chapter 24 (effective 7/1/14)
- 02/27/14 Governor: Acts of Assembly Chapter text (CHAP0024)