The proposed bill would amend current statutes regarding civil penalties for subdividers or agents who engage in unlawful practices related to the sale or lease of subdivided lands. Under the new law, the civil penalty would be assessed at a maximum of $2,000 for each lot where a violation occurs, replacing the existing provision that treats violations concerning multiple lots as a single infraction. This change aims to increase accountability by allowing for greater penalties based on the number of lots involved in the violation.

Additionally, the bill removes the specification that an infraction concerning multiple lots is considered a single infraction, thereby clarifying the penalty structure. It also updates the language regarding the imposition of civil penalties and the suspension or revocation of licenses, ensuring that these proceedings must be initiated within five years of the department's discovery of the violation. Overall, these updates are intended to enhance enforcement mechanisms and deter unlawful practices in the real estate sector.

Statutes affected:
Introduced Version: 32-2185.09
House Engrossed Version: 32-2185.09