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Senate Counsel, Research and Fiscal Analysis
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G-17 State Capitol
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75 Rev. Dr. Martin Luther King Jr. Blvd.
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St. Paul, MN 55155-1606
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(651) 296-4791
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Fax: (651) 296-7747
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Tom Bottern
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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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Christopher B. Stang, Senate Counsel (651/296-0539)
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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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This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
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Last review or update: 02/10/2012
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If you see any errors on this page, please e-mail us at
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