AN ACT TO AMEND SECTION 73-35-21, MISSISSIPPI CODE OF 1972, TO REVISE THE APPLICATION OF PROPERTY CONDITION DISCLOSURE STATEMENT LIABILITY REGARDING SECTIONS 89-1-501 THROUGH 89-1-523; TO AMEND SECTION 89-1-503, MISSISSIPPI CODE OF 1972, TO REVISE PROPERTY CONDITION DISCLOSURE STATEMENT LIABILITY REGARDING SECTIONS 89-1-501 THROUGH 89-1-523; TO REPEAL SECTION 89-1-519, MISSISSIPPI CODE OF 1972, WHICH PROVIDES THAT NO PERSON OR ENTITY SHALL BE DEEMED THE AGENT OF THE TRANSFEROR OR TRANSFEREE FOR PURPOSES OF THE DISCLOSURE REQUIREMENTS OF SECTIONS 89-1-501 THROUGH 89-1-523; TO AMEND SECTION 89-1-523, MISSISSIPPI CODE OF 1972, TO REVISE THE ABILITY TO DISCIPLINE A REAL ESTATE LICENSEE FOR FAILURE TO COMPLY WITH PROPERTY CONDITION DISCLOSURE STATEMENTS AS REQUIRED IN SECTIONS 89-1-501 THROUGH 89-1-523; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 73-35-21, 89-1-503, 89-1-523
As Passed by the House: 73-35-21, 89-1-503, 89-1-523
Approved by the Governor: 73-35-21, 89-1-503, 89-1-523