HI HB51

Permits licensed real estate brokers to pay commissions to corporations or partnerships if the broker earned the commission on behalf of that entity and is a member, officer, shareholder, or partner of it.

Adds a new exception (subsection D) to Hawaii's real estate commission rules that prohibits splitting fees with unlicensed persons, allowing commission payments to corporate and partnership entities under specified conditions.

Addresses a gap in existing law where corporations and partnerships that pay business expenses (rent, salaries) for brokers could not legally receive commission payments.

Takes effect July 1, 2099.