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Committee approves changes to real estate rules, raises bond cap to $5,000

3102420 · April 23, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A committee approved Senate Bill 212 (companion to House Bill 382) to update several real estate rules, including allowing e‑payments for failed payments, clarifying team/branch office operations, and raising the regulatory bond cap from $2,500 to $5,000.

The committee approved Senate Bill 212, the companion to House Bill 382, which would update regulations governing real estate practice and the state real estate commission's enforcement options.

Senator Paulson presented the bill and an amendment that…

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