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2020 SESSION

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HB 513 Real Estate Board; death or disability of a real estate broker.

Introduced by: David L. Bulova | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Department of Professional and Occupational Regulation; Real Estate Board; death or disability of a real estate broker. Clarifies that upon the death or disability of a licensed real estate broker who was the only licensed broker in a business entity, the Real Estate Board shall grant approval to certain persons enumerated by law to carry on the business of such broker for 180 days following the death or disability of the broker solely for the purpose of concluding the business of the broker. Currently, the law only addresses the death or disability of the sole licensed broker in a corporation or partnership.


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