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WV SB747
Bill
AI Summary
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Nonresident real estate brokers who maintain a definite place of business in their home state are exempt from the requirement to maintain a physical office location within West Virginia
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Licensed brokers must still maintain a definite place of business designated on their license certificate and may only transact business at that location or at properly licensed branch offices
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Brokers must display branch office licenses conspicuously, keep affiliated associate broker and salesperson licenses in their custody, and notify the commission of any address changes
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Associate brokers and salespersons must work under direct supervision of their affiliated broker and cannot perform any licensed activities after termination until a new broker affiliation is approved
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Effective date is July 10, 2025 (90 days after passage on April 11, 2025)
Legislative Description
Relating to Real Estate License Act
Governor -- Bills Requested By
Last Action
Approved by Governor 4/25/2025 - House Journal
4/12/2025