Mississippi HB1369 reduces the penalty for late renewal of a real estate broker's license from 100% to 50% of the renewal fee.
Mississippi HB1369 amends the penalty for late renewal of a real estate broker's license, reducing it from 100% to 50% of the renewal fee. The bill also brings forward sections 73-35-7 and 73-35-18 of the Mississippi Code of 1972 for possible amendment. The renewal fee for a real estate broker's license is capped at $75 per year. The bill aims to provide a grace period for late renewals, easing the financial burden on brokers who miss the renewal deadline.
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- Core Provisions
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- Legal Framework
- Critical Issues
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