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Session 112 - (1997-1998)Printer Friendly
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H*3169 (Rat #0090, Act #0024 of 1997) General Bill, By Cato
A BILL TO AMEND TITLE 40, CHAPTER 57, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SOUTH CAROLINA REAL ESTATE COMMISSION, SO AS TO CONFORM THIS CHAPTER TO THE STATUTORY ORGANIZATIONAL AND ADMINISTRATIVE FRAMEWORK ESTABLISHED FOR PROFESSIONAL AND OCCUPATIONAL LICENSING BOARDS IN CHAPTER 1, TITLE 40 AND, AMONG OTHER THINGS, TO EXPAND THE RESPONSIBILITIES OF A "BROKER-IN-CHARGE", TO ESTABLISH THE PARAMETERS, DUTIES, AND RESPONSIBILITIES FOR AGENCY RELATIONSHIPS IN REAL ESTATE, AND TO REQUIRE LICENSEES TO HAVE A HIGH SCHOOL DIPLOMA OR THE EQUIVALENT, TO INCREASE THE HOURS REQUIRED FOR A BROKER'S LICENSE, TO ELIMINATE THE TWO-TIERED SALES EXAMINATION, TO ESTABLISH OPTIONS FOR SETTLING EARNEST MONEY DISPUTES AND TO REVISE FINES; TO AMEND SECTION 12-24-70, RELATING TO AFFIDAVITS REQUIRED TO BE FILED WITH DEEDS STATING THE VALUE OF THE REALTY, SO AS TO PROVIDE THAT AN AFFIDAVIT IS REQUIRED ONLY IF THE TOTAL VALUE IS NOT SET FORTH EXPLICITLY IN THE DEED AND TO PROVIDE THAT EXISTING LICENSING FEES REMAIN IN EFFECT.-AMENDED TITLE
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A BILL TO AMEND TITLE 40, CHAPTER 57, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SOUTH CAROLINA REAL ESTATE COMMISSION, SO AS TO CONFORM THIS CHAPTER TO THE STATUTORY ORGANIZATIONAL AND ADMINISTRATIVE FRAMEWORK ESTABLISHED FOR PROFESSIONAL AND OCCUPATIONAL LICENSING BOARDS IN CHAPTER 1, TITLE 40 AND, AMONG OTHER THINGS, TO EXPAND THE RESPONSIBILITIES OF A "BROKER-IN-CHARGE", TO ESTABLISH THE PARAMETERS, DUTIES, AND RESPONSIBILITIES FOR AGENCY RELATIONSHIPS IN REAL ESTATE, AND TO REQUIRE LICENSEES TO HAVE A HIGH SCHOOL DIPLOMA OR THE EQUIVALENT, TO INCREASE THE HOURS REQUIRED FOR A BROKER'S LICENSE, TO ELIMINATE THE TWO-TIERED SALES EXAMINATION, TO ESTABLISH OPTIONS FOR SETTLING EARNEST MONEY DISPUTES AND TO REVISE FINES; TO AMEND SECTION 12-24-70, RELATING TO AFFIDAVITS REQUIRED TO BE FILED WITH DEEDS STATING THE VALUE OF THE REALTY, SO AS TO PROVIDE THAT AN AFFIDAVIT IS REQUIRED ONLY IF THE TOTAL VALUE IS NOT SET FORTH EXPLICITLY IN THE DEED AND TO PROVIDE THAT EXISTING LICENSING FEES REMAIN IN EFFECT.-AMENDED TITLE
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| 01/08/97 | House | Prefiled |
| 01/08/97 | House | Referred to Committee on Labor, Commerce and Industry |
| 01/14/97 | House | Introduced and read first time HJ-69 |
| 01/14/97 | House | Referred to Committee on Labor, Commerce and Industry HJ-69 |
| 01/29/97 | House | Committee report: Favorable Labor, Commerce and Industry HJ-6 |
| 02/04/97 | House | Objection by Rep. F. Smith & McMahand HJ-28 |
| 02/04/97 | House | Debate adjourned until Wednesday, February 5, 1997 HJ-28 |
| 02/05/97 | House | Read second time HJ-26 |
| 02/05/97 | House | Objection withdrawn by Rep. McMahand & F. Smith HJ-27 |
| 02/06/97 | House | Read third time and sent to Senate HJ-5 |
| 02/06/97 | Senate | Introduced and read first time |
| 02/06/97 | Senate | Referred to Committee on Labor, Commerce and Industry |
| 04/16/97 | Senate | Committee report: Favorable with amendment Labor, Commerce and Industry SJ-13 |
| 04/17/97 | Senate | Amended SJ-27 |
| 04/17/97 | Senate | Read second time SJ-27 |
| 04/24/97 | Senate | Amended SJ-28 |
| 04/24/97 | Senate | Read third time and returned to House with amendments SJ-28 |
| 04/24/97 | Senate | Reconsidered SJ-28 |
| 04/29/97 | Senate | Amended SJ-18 |
| 04/29/97 | Senate | Read third time and returned to House with amendments SJ-18 |
| 05/06/97 | House | Concurred in Senate amendment and enrolled HJ-34 |
| 05/15/97 | Ratified R 90 | |
| 05/22/97 | Became law without Governor's signature | |
| 05/22/97 | Effective date 01/01/98 | |
| 06/02/97 | Copies available | |
| 06/02/97 | Act No. 24 |