Lee Ware
- Republican
- Delegate
- District 72
Primary
Mortgage brokers; dual compensation. Removes provisions prohibiting a person from acting as a mortgage broker in connection with any real estate sales transaction in which such person has acted as a real estate broker or real estate salesperson and has received or will receive compensation in connection with such transaction. The bill provides that if a mortgage broker negotiates, places, or finds a mortgage loan and acts as a real estate broker or real estate salesperson in connection with the sale of the real estate that secures such loan, the mortgage broker is required to conspicuously provide to the borrower a written disclosure at the time the mortgage broker services are first offered to the borrower. This bill is identical to SB 303.
Approved by Governor-Chapter 400 (effective 7/1/22)
Enrolled Bill communicated to Governor on March 11, 2022
Governor's Action Deadline 11:59 p.m., April 11, 2022
Signed by Speaker
Signed by President
Impact statement from SCC (HB1153ER)
Enrolled
Passed Senate (40-Y 0-N)
Read third time
Constitutional reading dispensed (40-Y 0-N)
Reported from Commerce and Labor (15-Y 0-N)
Referred to Committee on Commerce and Labor
Constitutional reading dispensed
VOTE: Block Vote Passage (99-Y 0-N)
Read third time and passed House BLOCK VOTE (99-Y 0-N)
Read second time and engrossed
Read first time
Reported from Commerce and Energy (22-Y 0-N)
Subcommittee recommends reporting (8-Y 0-N)
Assigned sub: Subcommittee #1
Impact statement from SCC (HB1153)
Referred to Committee on Commerce and Energy
Presented and ordered printed 22104174D
| Bill Text Versions | Format |
|---|---|
| Presented and ordered printed 22104174D | PDF HTML |
| HB1153ER | PDF HTML |
| CHAP0400 | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: HB1153FER171.PDF | |
| Fiscal Impact Statement: HB1153F171.PDF |
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