SS#2/HB 596 - This act modifies provisions relating to brokerage services.DEFINITION OF LICENSEE FOR PAYMENTS BY BROKERS (SECTION 339.150)
This act includes "real estate broker" in the definition of "licensee" for purposes of payments by a broker directly to business entities owned by a licensee for the purpose of receiving compensation earned by such licensee.
This provision is identical to a provision in HCS/SS/SB 61 (2025).
WRITTEN AGREEMENTS WITH REAL ESTATE BROKERS AND BUYERS OR TENANTS (SECTION 339.780)
This act provides that a designated real estate broker acting as a single agent for a buyer or tenant shall enter into a written agency agreement before, rather than either before or while, engaging in brokerage acts.
This provision is identical to a provision in HCS/SS/SB 61 (2025), SB 478 (2025), and in the truly agreed to and finally passed CCS/SS/HCS/HBs 595 & 343 (2025).
KATIE O'BRIEN