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Comparison Guide to the Reorganized Rules Chapter 520-1

For those familiar with the location of rules in the old Rules Chapter 520-1, the Commission offers this guide to their new location.

Table of Contents

The new “Table of Contents” replaces the old “Table of Contents.”

520-1-.01 Organization of the Commission

Except for a new title, the insertion of new subtitles for easy reference, and editorial corrections, the new Rule is the same as the old Rule.

520-1-.02 Definitions.

Except for a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule is the same as the old Rule.

520-1-.03 Commission Operations

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, the new Rule differs from the old Rule as follows:

I. Part (1) is old Rule 520-1.36;

II. Part (2) is old Rule 520-1-.09(8);

III. Part (3) is old Rule 520-1-.12.

520-1-.04 Obtaining a License.

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule differs from the old Rule as follows:

I. Part (1) is old Rule 520-1-.29(1), (3), and (4);

II. Part (2) is old Rule 520-1-.25(2.1);

III. Part (3) is old Rule 520-1-.13;

IV. Part (4) is old Rule 520-1-.09(1) - (4) and (6) & (7);

V. Part (5) is old Rule 520-1-.25(1) & (2);

VI. Part (6) is old Rule 520-1-.10(2) - (5);

VII. Part (7) is old Rule 520-1-.09(9);

VIII. Part (8) is old Rule 520-1-.31(1);

IX. Part (9) is old Rule 520-1-.31(2);

X. Part (10) is old Rule 520-1-.31(3);

XI. Part (11) is old Rule 520-1-.42;

XII. Part (12) is old Rule 520-1-.25(3) & (4).

520-1-.05 Maintaining a License.

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule differs from the old Rule as follows:

I. Part (1) is old Rule 520-1-.39;

II. Parts (2)(a) - (c) are old Rule 520-1-.11(1) - (3);

III. Part (2)(d) is old Rule 520-1-.11(10);

IV. Parts (2)(e) & (f) are old Rule 520-1-.05;

V. Parts (2)(g) - (j) are old Rule 520-1-..20;

VI. Part (3) is old Rule 520-1-.29(2);

VII. Part (4) is old Rule 520-1-.14 except for (3)(d);

VIII. Part (5)(a) is old Rule 520-1-.28(1);

IX. Part (5)(b) is old Rule 520-1-.37;

X. Parts (6)(a), (b), & (d) are old Rule 520-1-.35;

XI. Part (6)(c) is old Rule 520-1-.07(1);

XII. Part (6)(e) is old Rule 520-1-.14(3)(d);

XIII. Part (6)(f) is old Rule 520-1-.24; and

XIV. Part (7) is old Rule 520-1-.32.

520-1-.06 Brokerage Relationships.

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule differs from the old Rule as follows:

I. Part (1) is old Rule 520-1-.03;

II. Part (2) is old Rule 520-1-.38;

III. Part (3) is old Rule 520-1-.41; and

IV. Part (4) is old Rule 520-1-.08.

520‑1‑.07 Management Responsibilities of Real Estate Firms.

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule differs from the old Rule as follows:

I. Part (1) is old Rule 520-1-.10(1);

II. Part (2) is old Rule 520-1-.21;

III. Part (3) is old Rule 520-1-.09(5);

IV. Part (4) is old Rule 520-1-.07(2) & (3);

V. Part (5)(a) is old Rule 520-1-.11(7);

VI. Part (5) (b) is old Rule 520-1-.11(4);

VII. Part (5) (c) is old Rule 520-1-.11(5);

VIII. Part (5) (d) is old Rule 520-1-.11(9);

IX. Part (5) (e) is old Rule 520-1-.11(6);

X. Part (5) (f) is old Rule 520-1-.11(8);

XI. Part (5) (g) is old Rule 520-1-.11(11);

XII. Part (6) is old Rule 520-1-.40; and

XIII. Part (7) is old Rules 520-1-.16 and 520-1-.23.

520‑1‑.08 Managing Trust Accounts and Trust Funds .

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule differs from the old Rule as follows:

I. Part (1)(a) is old Rule 520-1-.26(1);

II. Parts (1)(b) - (d) are old Rule 520-1-.30;

III. Part (1)(e) is old Rule 520-1-.26(2);

IV. Part (2)(a) is old Rule 520-1-.26(3);

V. Part (2)(b) is old Rule 520-1-.26(15);

VI. Part (2)(b) is old Rule 520-1-.26(15);

VII. Parts (3)(a) - (c) are old Rule 520-1-.34(1) - (3);

VIII. Part (3)(d) is old Rule 520-1-.34(4);

IX. Parts (3)(e) & (f) are old Rules 520-1-.26(4) & (5);

X. Part (3)(g) is old Rule 520-1-.28(2);

XI. Parts (4)(a) & (b) are old Rule 520-1-.26(6);

XII. Part (4)(c) is old Rule 520-1-.26(11);

XIII. Part (5)(a) is old Rule 520-1-.26(8);

XIV. Part (5)(b) is old Rule 520-1-.26(10);

XV. Part (5)(c) is the first sentence only of old Rule 520-1-.26(7);

XVI. Part (6) is old Rule 520-1-.26(12) & (13);

XVII. Part (7) is old Rule 520-1-.26(9); and

XVIII. Part (8) is old Rule 520-1-.26(14).

520‑1‑.09 Advertising .

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule differs from the old Rule as follows:

I. Part (1) is old Rule 520-1-.04(1);

II. Part (2) is old Rule 520-1-.04(4);

III. Part (3) is old Rule 520-1-.04(8);

IV. Part (4) is old Rule 520-1-.04(7);

V. Part (5) is old Rule 520-1-.04(9); and

VI. Part (6) is old Rule 520-1-.27.

520‑1‑.10 Handling Real Estate Transactions.

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule differs from the old Rule as follows:

I. Parts (1) & (2) are old Rule 520-1-.06;

II. Part (3) is old Rule 520-1-.26(7) except for the first sentence of (7); and

III. Part (4) is old Rule 520-1-.17.

520-1-.11 Licensees Acting as Principals.

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule differs from the old Rule as follows:

I. Part (1) is old Rule 520-1-.15;

II. Part (2) is old Rule 520-1-.33; and

III. Part (3) is old Rule 520-12-.04(4) - (6).

520-1-.12 Business Brokerage.

In addition to a new title, the insertion of new subtitles for easy reference, and any necessary renumbering of paragraphs, this new Rule differs from the old Rule as follows:

This Rule is old Rule 520-1-.19.

520‑1‑.13 Fair Housing.

I. Part (1) is old Rule 520-1-.18; and

II. Part (2) is old Rule 520-1-.22.

520-1-.14 Citations.

This Rule is old Rule 520-1-42.