DE HB406 | 2013-2014 | 147th General Assembly

Delaware House Bill 406 (Prior Session Legislation)

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on June 17 2014 - 25% progression, died in committee
Action: 2014-06-17 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
Pending: House Economic Development/Banking/Insurance/Commerce Committee
Text: Latest bill text (Draft #1) [HTML]

Summary

This Bill requires an auctioneer who is providing real estate services other than advertising and marketing real property for sale by auction, selling the property by auction on the day advertised, and performing ministerial tasks necessary for settlement to comply with the license requirements of Title 24, Chapter 29. If the original bidder is not able to complete settlement, then the auctioneer may offer the property on the same terms to other registered bidders.

Title

An Act To Amend Title 24 Of The Delaware Code Relating To Real Estate Brokers, Associate Brokers, And Salespersons.

History

Date	Chamber	Action
2014-06-17	House	Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House

Delaware State Sources

Type	Source
Summary	http://legis.delaware.gov/LIS/lis147.nsf/2bede841c6272c888025698400433a04/f8d8a457bd79e51985257cb60063a16c?OpenDocument
Text	http://legis.delaware.gov/LIS/lis147.nsf/vwLegislation/HB+406/$file/legis.html?open