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Bill > HB62


KY HB62

KY HB62
AN ACT relating to real estate brokerage.


summary

Introduced
01/03/2023
In Committee
03/07/2023
Crossed Over
02/21/2023
Passed
03/13/2023
Dead
Signed/Enacted/Adopted
03/23/2023

Introduced Session

2023 Regular Session

Bill Summary

Amend KRS 324.010 to redefine "real estate brokerage" to include advertising for sale an equitable interest in a contract for the purchase of real property between a property owner and a prospective buyer; amend KRS 324.020 to limit this type of advertising to licensed real estate brokers.

AI Summary

This bill amends the definition of "real estate brokerage" to include advertising for the sale of an equitable interest in a contract for the purchase of real property between a property owner and a prospective purchaser. It also limits this type of advertising to licensed real estate brokers, prohibiting unlicensed individuals from engaging in such activities.

Committee Categories

Labor and Employment

Sponsors (28)

Last Action

signed by Governor (Acts Ch. 84) (on 03/23/2023)

bill text


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