Summary of the Committee Version of the Bill

HB 1616 -- REAL ESTATE BROKERS

SPONSOR:  Ruzicka

COMMITTEE ACTION:  Voted "do pass by consent" by the Special
Committee on Professional Registration and Licensing by a vote of
8 to 0.

Currently, certain persons, partnerships, associations, or
corporations acting as owners, lessors, or lessees are allowed to
perform activities of a real estate broker without a license if
they are not engaged in the real estate business.  This bill
repeals the provision that requires that they are not engaged in
the real estate business.

FISCAL NOTE:  No impact on state funds in FY 2009, FY 2010, and
FY 2011.

PROPONENTS:  Supporters say that current law is somewhat
confusing and possibly could prohibit home builders from selling
their own homes.  The bill will clarify the language and allow
home builders to sell their property without a real estate
license.

Testifying for the bill were Representative Ruzicka; Missouri
Association of Realtors; and Home Builders Association of
Missouri.

OPPONENTS:  There was no opposition voiced to the committee.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:10 pm