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DE HB271
Bill
Status
6/26/2012
Primary Sponsor
Edward Bennett
Click for details
AI Summary
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Clarifies the exemption for auctioneers from Delaware real estate licensing requirements when advertising and marketing property for auction sale.
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Specifies that auctioneers are exempt only while advertising and marketing real property for sale by auction, selling property by auction on the advertised day, and performing ministerial tasks necessary for settlement.
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Amends § 2901(e)(4) of Title 24 of the Delaware Code to explicitly define the scope of auctioneer activities that do not require real estate licensure.
Legislative Description
An Act To Amend Title 24 Of The Delaware Code Relating To Real Estate Services, Brokers, Associate Brokers And Salespersons.
Last Action
Amendment SA 2 - Introduced and Placed With the Bill in Senate
6/28/2012