Mississippi Legislature

1997 Regular Session

Senate Bill 3029

[Introduced] [Passed Senate] [Sent to Governor]

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History of Actions

Background

Title

Description: Real estate transfer disclosure requirements law; apply only to certain real property.

History of Actions:

101/20/97(S)Referred To Business and Financial Institutions
202/03/97(S)Title Suff Do Pass
302/13/97(S)Passed
402/14/97(S)Transmitted To House
502/17/97(H)Referred To Judiciary B
602/27/97(H)Title Suff Do Pass
703/10/97(H)Passed
803/11/97(H)Transmitted To Senate
903/18/97(S)Enrolled Bill Signed
1003/19/97(H)Enrolled Bill Signed
1103/19/97Due From Governor 03/25/97
1203/25/97Approved by Governor

Background Information:

Effective dateJuly 1, 1997
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo
Chapter number456

Senate Committee:

House Committee:

Principal Author: Hewes

Code Sections: A 089-0001-0501, A 089-0001-0509

Title: AN ACT TO AMEND SECTION 89-1-501, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE REAL ESTATE TRANSFER DISCLOSURE REQUIREMENTS LAW APPLIES ONLY TO REAL PROPERTY ON WHICH A DWELLING UNIT IS LOCATED; TO AMEND SECTION 89-1-509, MISSISSIPPI CODE OF 1972, TO MAKE TECHNICAL CHANGES TO THE REQUIRED SELLER'S DISCLOSURE FORM; TO CODIFY SECTION 89-1-525, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE MISSISSIPPI REAL ESTATE COMMISSION IS AUTHORIZED TO ENFORCE THE PROVISIONS OF THE REAL ESTATE TRANSFER DISCLOSURE REQUIREMENTS LAW, AND ANY VIOLATION OF SUCH PROVISIONS SHALL BE TREATED IN THE SAME MANNER AS A VIOLATION OF THE REAL ESTATE BROKER LICENSE LAW OF 1954; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/25/97 at 18:17.



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1997/History/SB\SB3029.htm