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 infractions concerning multiple lots as a single infraction. This change aims to increase accountability by allowing for multiple penalties based on the number of lots involved in a violation.

Additionally, the bill would remove the existing language that specifies an infraction concerning more than one lot is treated as a single infraction. It would also modify the language regarding the commencement of proceedings to impose civil penalties or suspend/revoke licenses, ensuring that these actions must be initiated within five years of the department's actual discovery of the violation or when it should have been discovered with reasonable diligence. Overall, these updates are intended to enhance enforcement mechanisms and clarify the penalties associated with violations in real estate practices.

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