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

In addition to this new exemption for nonresident licensees, the bill retains existing exemptions for other categories of licensees, such as those who complete post-licensing courses, those on inactive status, and those with extensive licensure experience. The bill aims to streamline the continuing education process for nonresident real estate professionals while ensuring that they meet the necessary standards set by their own jurisdictions. The act will take effect upon approval by the Governor.

Statutes affected:
02/11/2025: 40-57-340
02/26/2025: 40-57-340
03/27/2025: 40-57-340
04/24/2025: 40-57-340
Latest Version: 40-57-340