STATEMENT OF PURPOSE
RS27243 / H0477
The Commission seeks an amendment clarifying that all sales associates must provide copies of signed real
estate transaction documents to their broker by the end of the next business day. This update benefits consumers
by increasing broker supervision of their licensees' activities.
FISCAL NOTE
This legislation will have no fiscal impact to the general fund or the agency's Special Real Estate Account
because adding clarification to the requirements does not compel additional agency action or create any new
programs.
Contact:
MiChell Bird
Real Estate Commission
(208) 955-8468
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 02/10/2020, 9:46 AM


Statutes affected:
Bill Text: 54-2050, 54-2051