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2020 Legislative Session Kicks Off March 9
LOUISIANA REALTORS • March 1, 2020
The 2020 Regular Session of the Louisiana Legislature will begin on Monday, March 9th. To date, over 1,100 have been filed and each legislator can file up to five more bills until Monday, March 31st. This high number can be attributed to the influx of first-time legislators elected last fall who are all eager to make their mark.
More Legislative Issues
Your Louisiana REALTORS® Bill Review Team, which is made up of members from across the state, will meet on Wednesday, March 11th to determine which of these bills Louisiana REALTORS® will support, oppose, or monitor on behalf of the industry.
After the Bill Review Team meets, an interactive Bill Tracking Report will be made available on this website with the position of Louisiana REALTORS® on each bill it has identified as having the potential to affect your business or property rights. Any bill on the list will be able to be accessed and viewed in its entirety by clicking on the number of the bill on the left of the page. The Bill Tracking Report will be updated weekly
As previewed last week, NAR is pleased to share the latest consumer guide focused on preparing for homeownership. This guide covers what prospective buyers should consider as they kick off the home purchase process, including the importance of credit scores, mortgage pre-approval, down payments, budgeting, and educational resources. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Preparing for Homeownership Escrow and Earnest Money Pricing Your Home Preparing to Sell Your Home Fire Damage and Policy Coverage Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with potential clients to ensure they have the information they need to be successful in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover property taxes.
As previewed last week, NAR is pleased to share the latest consumer guide focused on escrow. This guide covers what homebuyers should know about earnest money deposits, including the general terms and use cases in real estate transactions. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: Escrow and Earnest Money Pricing Your Home Preparing to Sell Your Home Fire Damage and Policy Coverage Flood Insurance Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on Wednesday, which will cover preparing prospective buyers for homeownership.
The Louisiana REALTORS® Board of Directors will conduct several elections this Spring. Interested candidates that meet the qualification who are looking to serve at either the state association level or the national association level are encouraged to view the criteria and submit an application. An application that is not submitted on the appropriate form or not submitted pursuant to the instructions shall not be considered as submitted timely.
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Baton Rouge, LA 70802