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MS HB655

Bill

Status

Failed

2/5/2019

Primary Sponsor

Stephen Holland

Click for details

Origin

House of Representatives

2019 Regular Session

AI Summary

  • Requires the Mississippi Real Estate Commission to mail real estate appraisal licenses to licensees at either their designated place of business or another location designated by the licensee, rather than a single mandated address.

  • Applies the same mailing requirement to renewed appraisal licenses, licenses issued after passing examination, and licenses issued to military-trained applicants or military spouses.

  • Extends the flexible mailing requirement to real estate broker and salesperson licenses, including temporary licenses and licenses issued upon change of responsible broker.

  • Brings forward Section 73-34-103 regarding appraisal management company registration requirements, including a $20,000 surety bond and application procedures, with provisions to expire July 1, 2019.

  • Brings forward Section 73-34-131 establishing adjudicatory proceedings for violations of appraisal management company standards, requiring 20 days' notice before hearings and opportunity for the registrant to be heard.

Legislative Description

Real Estate license; require to mail to place of business or another location designated by licensee.

Last Action

Died In Committee

2/5/2019

Committee Referrals

Judiciary A1/16/2019

Full Bill Text

No bill text available