Bill Title: Provides for the licensing of individuals and companies engaged in the business of residential realty management; imposes a one hundred fifty dollar annual registration fee; further imposes on every residential real property owner a fiduciary responsibility for all funds received or collected on behalf of the owner and tenants of multiple dwellings; grants secretary of state authority to revoke or suspend a license of a residential real property manager; provides for judicial review under an article 78 proceeding for denial, revocation or suspension of such license; directs attorney general to prosecute any criminal actions for violations; sets forth license requirements, fees, penalties for violations and related matters.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-02-07 - REFERRED TO JUDICIARY [S03051 Detail]

Text: Latest bill text (Introduced) [HTML]

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