Sec. 8. 32 MRSA §13177, first ¶, as enacted by PL 1987, c. 395, Pt. A, §212, is amended to read:

All exclusive right-to-sell contracts, exclusive agency contracts and any nonexclusive contract relating to one to 4 family residential properties shall be in writing, signed by the person to be charged and shall specifically identify the date upon which the contract will expire. Nonexclusive listing contracts relating to one to 4 family residential properties, in addition to all exclusive right-to-sell and exclusive agency listing contracts must be in writing, signed by the person to be charged and specifically identify the date upon which the contract will expire. If the parties to the contract desire to continue the contract, a new contract must be executed.

Sec. 9. 32 MRSA §13195, as enacted by PL 1987, c. 395, Pt. A, §212, is amended to read:

§13195. Changes

Any change of address, name or other material change in the conditions or qualifications set forth in the original application shall , including but not limited to criminal convictions or suspension or revocation of any professional license, must be reported to the director no later than 10 days after the change. Upon proper application and payment of the prescribed fee, the commission records shall must be changed and a new license shall be issued for the unexpired term of the current license, if appropriate.

Sec. 10. 32 MRSA §13196, as amended by PL 1991, c. 53, §8, is repealed and the following enacted in its place:

§13196. Inactive licenses

1.__Placement on inactive status.__Any licensee who does not desire to perform any of the activities described in section 13001 and who wants to preserve the license while not engaged in any brokerage activity may surrender that license to the commission for placement on inactive status. The commission may place the license on inactive status and issue an inactive license only upon proper application by the licensee. During inactive status, the licensee is required to renew the license