This bill amends the New Hampshire Real Estate Practice Act to clarify various educational requirements, specifically stating that they are measured in credit hours. It introduces new language indicating that applicants for licensure must complete 60 credit hours of approved study before taking their examination. Additionally, it specifies that inactive licensed principals or managing brokers are not required to maintain a surety bond while on inactive status. The bill also clarifies that annulled convictions will not be considered in disciplinary proceedings and expands the scope of prohibited discrimination to include rental activities, not just sales.
Furthermore, the bill corrects cross-references in the statutes and updates the language regarding continuing education requirements, changing references from "hours" to "credit hours." It establishes that a minimum of 3 credit hours of core continuing education is required for both active and inactive license renewals, along with an additional 12 credit hours for active license renewals. The bill also ensures that disciplinary actions for instructors and licensees are aligned with the updated legal framework. The act will take effect 60 days after its passage.
Statutes affected: Introduced: 331-A:10, 331-A:12-b, 331-A:20, 331-A:22-a, 331-A:25, 331-A:26
Version adopted by both bodies: 331-A:10, 331-A:12-b, 331-A:20, 331-A:22-a, 331-A:25, 331-A:26
CHAPTERED FINAL VERSION: 331-A:10, 331-A:12-b, 331-A:20, 331-A:22-a, 331-A:25, 331-A:26
HB1110 text: 331-A:10, 331-A:12-b, 331-A:20, 331-A:22-a, 331-A:25, 331-A:26