HB 1055 IN
Licensing of HOA management companies.
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Summary
Requires a person who manages property on behalf of a homeowners association to obtain a broker license. Provides that a managing broker that works for a person who manages property on behalf of a homeowners association is not subject to a two year licensing prerequisite until June 30, 2028, if certain conditions are met.
Sponsor (1)
- Julie Olthoff Republican · author
Action history (2)
- Jan 8, 2025 First reading: referred to Committee on Employment, Labor and Pensions · lower
- Jan 8, 2025 Authored by Representative Olthoff · lower
Subjects
PROFESSIONAL AND OCCUPATIONAL LICENSING; GenerallyPROPERTY; Homeowners Associations (HOAs)REAL ESTATE APPRAISERS, BROKERS, AND SALESPERSONS
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