Mississippi SB2748 revises definitions and provisions for real estate brokers, including changes to licensing requirements and fees.
Mississippi SB2748 amends various sections of the Mississippi Code to revise definitions and provisions related to real estate brokers. The bill updates the definition of "brokerage agreement" and modifies the term "real estate" to include leaseholds and interests in land. It also changes the fee structure for real estate licenses, including application, renewal, and transfer fees. Additionally, the bill mandates that real estate brokers must notify the Mississippi Real Estate Commission of any changes in their place of business within ten days.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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