Mississippi SB2692 proposes to revise the state code concerning real estate wholesale and industrial buying of residential real estate.
Mississippi SB2692 aims to bring forward Section 73-35-3 of the Mississippi Code of 1972 for potential revision. This bill addresses provisions related to real estate wholesale and industrial buying of residential real estate. It defines terms such as "real estate broker," "real estate salesperson," and "automated valuation method." The bill also outlines exemptions from licensing requirements for certain entities and activities. The act is set to take effect from July 1, 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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