On Mar. 12, MS LEG enacted bill related to real estate broker fees.
MS LEG enacted bill SB 2086 related to real estate broker licensing and fees.
Amended Mississippi code annotated, MS LEG 73-35-17 on real estate broker fees.
Document dated Mar. 12, 2025, was received on Apr. 15, 2025, due to a fixed feed.
Legislative Provisions
Delete repealer and provide provisions for real estate broker application, license fees.
Application fee of $100 to accompany application for real estate broker's license; if applicant successfully passes exam, no additional fee for issuance of license for 1 year.
All persons, partnerships, associations, companies or corporations licensed to practice as real estate broker or salesperson must register with commission annually/biennially.
Legislative History
On Jan. 17, 2025, bill introduced into Senate; on Feb. 6, 2025, bill passed the Senate.
On Feb. 10, 2025, bill introduced into House; on Mar. 5, 2025, bill passed the House.
On Mar. 7, 2025, enrolled, House, Senate signed; on Mar. 12, 2025, gov. approved.
Effectiveness
Act effective on Jul. 1, 2025.
Regulators
MS LEG
Entity Types
Corp; MG Orig
Reference
Bill SB2086, 3/12/2025; Citation: MS LEG 73-35-17;
Functions
Compliance; Registration/Licensing; Reporting; Training
