HB 862

  • Virginia House Bill
  • 2018 Regular Session
  • Introduced in House Jan 09, 2018
  • House
  • Senate
  • Signed by Governor Mar 09, 2018

Real estate teams; required to obtain a business entity license.

Abstract

Requires real estate teams as defined in the bill to obtain a business entity salesperson's license from the Real Estate Board (the Board). The bill requires a principal broker to obtain a branch office license from the Board for each place of business maintained by such principal broker within the Commonwealth. The bill also expands the responsibilities of supervising brokers as defined in the bill and requires that as a condition of the renewal of a branch office license, the supervising broker shall provide to the Board the name and license number of each real estate licensee affiliated with the branch office at the time of the renewal. The bill has a delayed effective date of January 1, 2019. This bill is identical to

Bill Sponsors (3)

Votes


Actions


Mar 09, 2018

Office of the Governor

Approved by Governor-Chapter 223 (effective 1/1/19)

Mar 02, 2018

Office of the Governor

Governor's Action Deadline Midnight, March 9, 2018

Virginia General Assembly

Enrolled Bill communicated to Governor on March 2, 2018

Feb 28, 2018

Virginia General Assembly

Signed by President

Feb 26, 2018

Virginia General Assembly

Signed by Speaker

Virginia General Assembly

Enrolled

Feb 22, 2018

Virginia General Assembly

Read third time

Feb 13, 2018

Virginia General Assembly

Constitutional reading dispensed

Virginia General Assembly

Referred to Committee on General Laws and Technology

Feb 12, 2018

Virginia General Assembly

Read third time and passed House BLOCK VOTE (100-Y 0-N)

Feb 09, 2018

Virginia General Assembly

Engrossed by House - committee substitute HB862H1

Virginia General Assembly

Committee substitute agreed to 18106546D-H1

Virginia General Assembly

Read second time

Feb 08, 2018

Virginia General Assembly

Read first time

Jan 19, 2018

Virginia General Assembly

Assigned GL sub: Subcommittee #2

Jan 09, 2018

Virginia General Assembly

Prefiled and ordered printed; offered 01/10/18 18104635D

Virginia General Assembly

Referred to Committee on General Laws

Bill Text

Bill Text Versions Format
House: Prefiled and ordered printed; offered 01/10/18 18104635D HTML
House: Committee substitute printed 18106546D-H1 HTML
House: Bill text as passed House and Senate (HB862ER) HTML

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.