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 "3-hour" to "3 credit hour" core courses. It establishes that instructors accredited to teach preparatory or continuing education programs may face disciplinary action for specific misconduct, and it reinforces that out-of-state brokers or salespersons who fail to comply with the provisions will be in violation of the law. 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
HB1110 text: 331-A:10, 331-A:12-b, 331-A:20, 331-A:22-a, 331-A:25, 331-A:26