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