The bill HB225 amends the Code of Alabama 1975 to enhance the licensure and regulation of real estate professionals, including brokers and salespersons. Key insertions include definitions for terms such as "accredited school," "continuing education course," and "prelicense course," which clarify the educational requirements for institutions approved by the commission. The bill grants the commission exclusive authority to license and regulate prelicense and continuing education schools, requiring these institutions to obtain a surety bond not exceeding $20,000 to protect against damages related to tuition or fees. Additionally, the bill introduces new fee structures for schools and establishes penalties for non-compliance, including fines up to $5,000 for violations and performance improvement plans for schools with low passage rates.

The bill also modifies various licensing processes, including the requirements for obtaining a real estate license, the conditions for temporary licenses, and the responsibilities of qualifying brokers. Notable changes include the introduction of a written examination for applicants, the requirement for background checks, and the establishment of new educational prerequisites. The bill increases renewal fees for broker licenses and introduces a research and education fee, while also clarifying the continuing education requirements for licensees, particularly those with inactive status. Overall, HB225 aims to streamline the licensing process, enhance educational standards, and ensure the integrity of real estate professionals in Alabama.

Statutes affected:
Introduced: 34-27-6, 34-27-32, 34-27-33, 34-27-34, 34-27-35, 34-27-36
Engrossed: 34-27-6, 34-27-32, 34-27-33, 34-27-34, 34-27-35
Enrolled: 34-27-6, 34-27-32, 34-27-33, 34-27-34, 34-27-35