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 Back | 144th General Assembly
House Bill # 218 w/HA 1 + SA 1 |
| Primary Sponsor: | Valihura | Additional Sponsor(s): Sen. Sokola |
| CoSponsors: | Reps. Hocker, Hudson, Lavelle, Viola; Sens. DeLuca, Peterson, Cloutier |
| Introduced on : | 06/19/2007 | |
| Long Title: | AN ACT TO AMEND TITLE 24 OF THE DELAWARE CODE RELATING TO REAL ESTATE BROKERS, SALESPERSONS AND APPRAISERS. |
| Synopsis: | This Bill clarifies that the employer of the real estate salesperson or broker remains liable for the wrongful actions of the licensee. This clarification is necessary because some lawyers have asked if House Bill No. 122 from the 143rd General Assembly (Delaware’s new real estate agency law) removed liability from the employer. This Bill also corrects a word in the definition of Statutory Agent. This Bill also exempts certain commercial real estate transactions from the obligation to provide the Consumer Information Statement. Pennsylvania and Maryland have exempted certain commercial transactions from their consumer notice requirements. This Bill also clarifies the duty of confidentiality for certain commercial transactions. This Bill makes § 2973(b) consistent with § 2973(f) regarding notice to a party. For transactions exempt from providing the CIS this Bill clarifies when duties of the agent begin. Section 7 is a correction to make it consistent with § 2931. Section 8 is to delete the definitions of “(3) Disposition of land” and “(6) Subdivision” because those definitions went with the Out of State Land Sales Act which was deleted in its entirety by SB 370 of the 143rd General Assembly. Section 9 delays the effective date of the new agency law to give more time for the Delaware Real Estate Commission to approve the Consumer Information Statement and for brokers to train their salespeople on the new law.
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| Amendments: |
HA 1 to HB 218 - Passed
SA 1 to HB 218 - Passed
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| Committee Reports: |
House Committee Report 06/20/07 F=0 M=5 U=0---->
Senate Committee report 01/16/08 F=0 M=5 U=0-----> |
| Voting Reports: |
House vote: () Passed 6/27/07 7:34:16 PM------->
Senate vote: () Passed 6/11/08 5:14:39 PM------->
House vote: () Passed 6/17/08 6:30:56 PM-------> |
| Engrossed Version: |
Engrossment-------> |
Actions History:
| Jun 26, 2008 - Signed by Governor
Jun 17, 2008 - Passed by House of Representatives. Votes: Passed 39 YES 0 NO 0 NOT VOTING 2 ABSENT 0 VACANT
Jun 11, 2008 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Jun 11, 2008 - Amendment SA 1 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Mar 11, 2008 - Amendment SA 1 - Introduced and Placed With the Bill in Senate
Jan 16, 2008 - Reported Out of Committee (SUNSET) in Senate with 5 On Its Merits
Jan 09, 2008 - Assigned to Sunset Committee in Senate
Jun 27, 2007 - Passed by House of Representatives. Votes: 38 YES 0 NO 0 NOT VOTING 3 ABSENT
Jun 27, 2007 - Amendment HA 1 - Passed in House by Voice Vote
Jun 26, 2007 - Amendment HA 1 - Introduced and Placed With Bill
Jun 20, 2007 - Reported Out of Committee (POLICY ANALYSIS & GOVERNMENT ACCOUNTABILITY) in House with 5 On Its Merits
Jun 19, 2007 - Introduced and Assigned to Policy Analysis & Government Accountability Committee in House
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