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S.F. No. 0110 |
Designated real estate agents. |
Sponsored By: Senator(s) Bebout, Coe and Larson and Representative(s) Brown, Gingery and Miller
AN ACT relating to real estate licensees; clarifying roles and relationships in real estate transactions as specified; specifying duties and obligations of real estate licensees; clarifying and specifying liabilities of parties and licensees in real estate transactions; limiting confidentiality of communications between customers and licensees as specified; providing definitions; and providing for an effective date.
1/14/2009 Bill Number Assigned
1/15/2009 S Received for Introduction
1/16/2009 S Introduced and Referred to S09
1/26/2009 S09 Recommended Amend and Do Pass
ROLL CALL
Ayes: Senator(s) Bebout, Cooper, Hunnicutt, Larson and Martin
Ayes 5 Nays 0 Excused 0 Absent 0 Conflicts 0
1/26/2009 S Placed on General File
SF0110SS001/ADOPTED
Page 5–line 17 Delete "33‑28‑301(a)(iv)" insert "33‑28‑301(a)(iii), (iv)".
Page 6–after line 6 Insert:
"(iii) "Buyer's
agent" means a broker licensee who is authorized to represent and act
for the buyer in a real estate transaction;".
Page 8–line 7 Delete "brokers" insert "licensees". LARSON, CHAIRMAN
1/27/2009 S Passed CoW
SF0110S2001/ADOPTED
SF0110S2001
Page 11-lines 6 through 17 Delete and insert:
"(j) Licensees employed or engaged by the same responsible broker, who is not acting as a designated agent for any party to a transaction, may be designated agents for different buyers or sellers in the same transaction. The simultaneous designations shall not constitute dual agency or require the responsible broker or licensee to act as an intermediary unless otherwise required by this article. A responsible broker or transaction manager shall have access to all necessary information but shall be prohibited from sharing any confidential information of any party to the transaction that the broker or manager may learn in the process of supervising the licensees or the transaction.". PERKINS, ROSS
1/28/2009 S Passed 2nd Reading
1/29/2009 S Passed 3rd Reading
ROLL CALL
Ayes: Senator(s) Anderson, J., Bebout, Case, Coe, Cooper, Decaria, Dockstader, Esquibel, F., Geis, Hastert, Hines, Hunnicutt, Jennings, Johnson, Landen, Larson, Martin, Massie, Meier, Nicholas, Perkins, Peterson, Scott, Sessions, Townsend, Vasey and Von Flatern
Nays: Senator(s) Burns, Ross and Schiffer
Ayes 27 Nays 3 Excused 0 Absent 0 Conflicts 0
2/2/2009 H Received for Introduction
2/5/2009 H Introduced and Referred to H01
2/11/2009 H01 Recommended Amend and Do Pass
ROLL CALL
Ayes: Representative(s) Bagby, Barbuto, Cannady, Gingery, Patton, Peasley, Quarberg and Throne
Excused: Representative(s) Mercer
Ayes 8 Nays 0 Excused 1 Absent 0 Conflicts 0
2/11/2009 H Placed on General File
SF0110HS001/ADOPTED (TO ENGROSSED COPY)
Page 3-line 17 After "transaction" delete balance of line and insert ".".
Page 3-line 18 Delete entirely.
Page 11-line 2 Delete "who" insert ", and the broker".
Page 11-lines 9 through 12 Delete entirely and insert:
"(j) Licensees employed or engaged by the same responsible broker may be designated agents for different buyers or sellers in the same transaction. If the responsible broker is representing a buyer or a seller in an in-house transaction, the responsible broker shall immediately appoint a transaction manager.". GINGERY, CHAIRMAN
2/12/2009 H Passed CoW
2/13/2009 H Passed 2nd Reading
2/17/2009 H Laid Back Pursuant to HR 9-3-C
2/18/2009 H Passed 3rd Reading
ROLL CALL
Ayes: Representative(s) Anderson, R., Bagby, Barbuto, Berger, Blake, Bonner, Brechtel, Brown, Buchanan, Byrd, Cannady, Carson, Childers, Cohee, Connolly, Craft, Davison, Diercks, Edmonds, Esquibel, K., Gilmore, Gingery, Goggles, Hales, Hallinan, Hammons, Harshman, Harvey, Illoway, Jaggi, Jorgensen, Landon, Madden, McKim, McOmie, Mercer, Meyer, Miller, Millin, Moniz, Patton, Pedersen, Petersen, Philp, Quarberg, Roscoe, Semlek, Shepperson, Simpson, Steward, Stubson, Teeters, Thompson, Throne, Wallis, Zwonitzer, Dn. and Zwonitzer, Dv.
Nays: Representative(s) Lubnau and Peasley
Excused: Representative(s) Lockhart
Ayes 57 Nays 2 Excused 1 Absent 0 Conflicts 0
2/18/2009 S Received for Concurrence
2/18/2009 S Did Concur
ROLL CALL
Ayes: Senator(s) Anderson, J., Bebout, Coe, Cooper, Dockstader, Esquibel, F., Geis, Hastert, Hines, Hunnicutt, Jennings, Johnson, Landen, Larson, Martin, Massie, Meier, Peterson, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern
Nays: Senator(s) Burns, Case, Nicholas, Perkins and Ross.
Excused: Senator(s) Decaria
Ayes 24 Nays 5 Excused 1 Absent 0 Conflicts 0
2/18/2009 Assigned Number SEA No. 0012
2/20/2009 S President Signed SEA No. 0012
2/20/2009 H Speaker Signed SEA No. 0012
2/24/2009 Governor Signed SEA No. 0012
2/24/2009 Assigned Chapter Number
Chapter No. 0020 Session Laws of Wyoming 2009.