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CA AB1381
Bill
Status
9/30/2016
Primary Sponsor
Shirley Weber
Click for details
AI Summary
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Exempts outdoor advertising representatives employed by licensed outdoor advertising corporations or partnerships from real estate broker licensure requirements when negotiating property leases or transfers solely for advertising display placement.
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Requires outdoor advertising display owners or operators to maintain liability insurance of at least $500,000 per person or $1,000,000 per occurrence for personal injury and $500,000 for property damage in all transactions involving real property use for advertising displays.
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Requires the Bureau of Real Estate Appraisers to publish continuing education course information on the Internet when licensees apply for license renewal, in addition to existing license status information requirements.
Legislative Description
Professions and vocations: real estate appraisers: real estate brokers.
Last Action
Chaptered by Secretary of State - Chapter 854, Statutes of 2016.
9/30/2016