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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 1739 - Property Management Real Estate Licensees
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Author:
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Senator Benjamin A. Kruse
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Prepared By:
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Date:
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February 10, 2012
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This bill provides that a broker is not responsible for supervising, nor a licensee responsible for operating property management activities, so long as the real estate being managed is individually owned by the licensee or an entity the licensee holds an ownership interest in.
The act is effective the day following final enactment.
CBS:tg
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Check on the status of this bill
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Back to Senate Counsel and Research Bill Summaries page
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Last review or update: 02/10/2012
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