Ed Clere
- Republican
- Representative
- District 72
Author
Requires a broker company to deposit funds belonging to others into a trust account that the broker company maintains. Requires that residential real estate sales disclosure forms include disclosures by an owner that a property is located within a locally designated historic district. Requires that residential real estate sales disclosure forms include disclosures by an owner of any conservation easement. Requires the Indiana professional licensing agency in consultation with the Indiana real estate commission to perform annual and random audits for compliance of more than one percent (1%) but less than ten percent (10%) of the practitioners who hold a broker's license required to take continuing education courses. Provides that to become a managing broker, an individual, among other things, must: (1) hold an active broker's license for at least three years; and (2) pass a written examination. Amends provisions relating to real estate agreements. Makes a technical correction.
Signed by the President Pro Tempore
Signed by the Speaker
House concurred with Senate amendments; Roll Call 470: yeas 82, nays 0
Motion to concur filed
Returned to the House with amendments
Third reading: passed; Roll Call 251: yeas 49, nays 0
Second reading: ordered engrossed
Senator Randolph added as cosponsor
Committee report: amend do pass, adopted
First reading: referred to Committee on Insurance and Financial Institutions
Referred to the Senate
Cosponsor: Senator Goode
Senate sponsor: Senator Walker K
Third reading: passed; Roll Call 33: yeas 91, nays 1
Representative Andrade added as coauthor
Second reading: ordered engrossed
Committee report: amend do pass, adopted
Coauthored by Representatives O'Brien and Dant Chesser
Authored by Representative Clere
First reading: referred to Committee on Financial Institutions
| Bill Text Versions | Format |
|---|---|
| Enrolled House Bill (H) | |
| House Bill (H) | |
| House Bill (S) | |
| Introduced House Bill (H) |
| Document | Format |
|---|---|
| Fiscal Note: HB1347.04.ENRS.FN001 |
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