The bill H. 3947 aims to amend Section 40-57-340 of the South Carolina Code of Laws, which pertains to the biennial continuing education requirements for real estate licensure renewal. The proposed amendment introduces a provision that allows nonresident brokers and associates who have successfully completed the continuing education requirements of their home jurisdiction to be exempt from South Carolina's continuing education requirements, provided they receive approval from the Real Estate Commission.

In addition to this new exemption for nonresident licensees, the bill retains existing exemptions for certain categories of licensees, including those who complete specific courses, those on inactive status, and those with extensive licensure experience. The bill is set to take effect upon the Governor's approval.

Statutes affected:
Latest Version: 40-57-340