HB1271: Real estate; revise liability for certain provisions.

Legislative Summary

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.