Relating to the establishment of the Texas Committee on Foreign Investment to review certain transactions involving certain foreign entities in coordination with the attorney general; creating a civil penalty.
Financial institutions: small loan companies; licensed providers of deferred presentment service transactions to make certain small loans; allow. Amends title & secs. 2, 11, 13, 15, 17, 19, 22, 31, 32, 33, 34, 35, 36, 45, 48 & 53 of 2005 PA 244 (MCL 487.2122 et seq.) & adds secs. 24, 25, 31a & 32a.
Establishes licensure requirement for wholesale transactions in real estate and certain rights of consumers in contracts for real property sold in wholesale transaction.
Real estate transactions; required disclosures; description of brokerage services; terms of compensation; required written brokerage agreements under certain circumstances
Real estate transactions; required disclosures; description of brokerage services; terms of compensation; required written brokerage agreements under certain circumstances
Occupations: real estate; disclosure regarding real estate agency relationship; modify. Amends sec. 2517 of 1980 PA 299 (MCL 339.2517). TIE BAR WITH: HB 5227'25, HB 5229'25
Relating to the establishment of the Texas Committee on Foreign Investment to review certain transactions involving certain foreign entities; creating a civil penalty.
Occupations: real estate; waiver of services in limited service agreement; modify. Amends sec. 2512d of 1980 PA 299 (MCL 339.2512d). TIE BAR WITH: HB 5227'25, HB 5228'25