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HF 622

as introduced - 91st Legislature (2019 - 2020) Posted on 03/11/2019 05:08pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to commerce; modifying advertising requirements related to real estate
brokers and licensees; amending Minnesota Statutes 2018, section 82.69.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2018, section 82.69, is amended to read:


82.69 ADVERTISING REQUIREMENTS.

Any advertising by a licensee must deleted text begin includedeleted text end new text begin displaynew text end the new text begin name of the new text end real estate brokerage
new text begin and the new text end name deleted text begin more prominently displayed than the licensee's namedeleted text end new text begin of the licensee clearly
and conspicuouslynew text end .

If a salesperson or broker is part of a team or group within the brokerage, the licensee
may include the team or group name in the advertising only under the following conditions:

(1) the inclusion of the team or group name is authorized by the primary broker of the
brokerage to which the salesperson or broker is licensed; and

(2) the real estate brokerage name is deleted text begin included and more prominentlydeleted text end displayed deleted text begin than the
team or group namedeleted text end new text begin clearly and conspicuouslynew text end in the advertising.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective August 1, 2019.
 new text end