Bulletin 1994 V25-3
As we go to press...
The state's Rules Review Commission has approved the Real Estate Commission's agency agreement and disclosure rules. The Real Estate Commission adopted the rules to establish a procedure which real estate brokers and salesman must follow in disclosing to consumers whom they represent in real estate sales transactions.
The rules were submitted to the Rules Review Commission by the new Administrative Procedures Act Coordinator Stephen L. Fussell. Mr. Fussell, a Consumer Protection Officer in the Real Estate Commission's Legal Division, succeeded Anita R. Burt as Administrative Procedures Act Coordinator when Ms. Burt transferred to the Education Division as Continuing Education Officer.
The Commission's continuing education update course will focus on agency relationships and the new Commission rules and agency disclosure form.
Text of the new rules and a copy of the disclosure form will be featured in the next issue of the Bulletin.