LD 1525
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Page 16 of 17 PUBLIC Law Chapter 378 LD 1525 Title Page
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LR 2133
Item 1

 
June 30, 2006. A person already licensed as a sales agent on the
effective date of this Act must comply with the examination
procedures of Title 32, section 13200, subsection 2 to become
licensed as an associate broker.

 
Sec. 28. Commercial leasing and sunrise review. Pursuant to the Maine
Revised Statutes, Title 32, chapter 1-A, subchapter 2, the
Commissioner of Professional and Financial Regulation shall
conduct an independent assessment concerning expansion of the
scope of practice of real estate brokerage under Title 32,
section 13001, subsection 2, to include leasing of any
nonresidential property, that, notwithstanding Title 32, section
13279, does not include any residential component. The
commissioner shall submit a report to the Joint Standing
Committee on Business, Research and Economic Development no later
than January 15, 2006. The joint standing committee is
authorized to introduce a bill to the Second Regular Session of
the 122nd Legislature expanding the scope of practice of real
estate brokerage to include leasing of any nonresidential
property. This section takes effect 90 days after adjournment of
the First Special Session of the 122nd Legislature.

 
Sec. 29. Effective date. Except as otherwise provided, this Act takes
effect July 1, 2006.


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