Real estate brokers & salespersons; cease & desist orders for unlicensed activity. (HB321)

Introduced By

Del. Jeff Bourne (D-Richmond) with support from co-patron Del. Marcus Simon (D-Falls Church)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Professions and occupations; real estate brokers and salespersons; cease and desist orders for unlicensed activity; civil penalty. Expands the enforcement options of the Real Estate Board (Board) by giving the Board direct authority to institute proceedings in equity to enjoin any person, partnership, corporation, or any other entity from engaging in unlicensed activity and certain other specifically enumerated unlawful acts. The bill provides that the Board may recover a civil penalty from such person, partnership, corporation, or any other entity of at least $200 but not more than $25,000 per violation, with each unlawful act constituting a separate violation. Current law provides that the Board may impose a civil penalty against any person engaging in unlicensed activity not to exceed $1,000 for any real estate transaction or the compensation received from any such real estate transaction, whichever is higher. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/04/2018Committee
01/04/2018Prefiled and ordered printed; offered 01/10/18 18102077D
01/04/2018Referred to Committee on General Laws
01/17/2018Assigned GL sub: Subcommittee #2
01/18/2018Subcommittee recommends striking from docket (8-Y 0-N)
02/13/2018Left in General Laws