2007 House Bill 4417 / 2008 Public Act 91

Prohibit certain limited real estate marketing services

Introduced in the House

March 6, 2007

Introduced by Rep. Barbara Farrah (D-13)

To require the real estate broker “agency disclosure form” given to potential buyers and sellers to disclose the duties required of a licensed broker that are specified by House Bill 4416.

Referred to the Committee on Regulatory Reform

Nov. 27, 2007

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Feb. 26, 2008

Substitute offered

To replace the previous version of the bill with one that revises various details, but does not change its substance. This version was subsequently superseded by another substitute with more changes.

The substitute failed by voice vote

Substitute offered by Rep. Barbara Farrah (D-13)

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

Amendment offered by Rep. Barbara Farrah (D-13)

To only impose the requirement that a broker provide a complete closing statement on brokers who are actually involved in the closing.

The amendment passed by voice vote

Passed in the House 103 to 3 (details)

Received in the Senate

Feb. 27, 2008

Referred to the Committee on Economic Development and Regulatory Reform

March 18, 2008

Reported without amendment

With the recommendation that the bill pass.

March 20, 2008

Passed in the Senate 38 to 0 (details)

To require the real estate broker “agency disclosure form” given to potential buyers and sellers to disclose the duties required of a licensed broker that are specified by House Bill 4416.

Signed by Gov. Jennifer Granholm

April 8, 2008