SB 370
Real Estate Commission rule relating to licensing real estate brokers, associate brokers, and salespersons, and conduct of brokerage business
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Sign in to take action- Introduced
- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill authorizes the West Virginia Real Estate Commission to create and maintain a set of rules (174 CSR 01) governing the licensing and operation of real estate brokers, associate brokers, and salespersons within the state. These rules cover various aspects of the brokerage business, as defined in the existing code. The commission has already modified a preliminary rule and refiled it, and this bill formally confirms that authorization.
Key provisions
- Authorizes the Real Estate Commission to create a legislative rule.
- Specifies the scope of the rule: licensing of real estate brokers, associate brokers, and salespersons.
- Covers the conduct of brokerage business.
- Refers to existing rule 174 CSR 01.
Who is affected
- Real estate brokers
- Associate brokers
- Salespersons
- Real estate agencies
- Individuals involved in real estate transactions
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