Bill Text: HI SB2447 | 2010 | Regular Session | Introduced
Bill Title: Real Estate Brokers License; Experience
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2010-02-17 - (S) The committee on CPN deferred the measure. [SB2447 Detail]
Download: Hawaii-2010-SB2447-Introduced.html
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THE SENATE |
S.B. NO. |
2447 |
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TWENTY-FIFTH LEGISLATURE, 2010 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
relating to real estate broker licensing.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 467-9.5, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:
"(a) No individual shall be eligible for the licensing examination unless the individual is:
(1) A United States citizen, a United States national, or an alien authorized to work in the United States, and of the age of majority; and
(2) Applying for:
(A) The real estate salesperson examination and has satisfactorily completed a commission-approved prelicensing course for real estate salesperson candidates, which includes real estate principles, or its equivalent as determined by the commission; or
(B) The real estate broker examination and:
(i) Holds a current, unencumbered Hawaii real estate salesperson license or a current, unencumbered real estate salesperson or broker license in another state or in a jurisdiction recognized by the Association of Real Estate License Law Officials, with an equivalent real estate licensing law as determined by the commission;
(ii) Has satisfactorily completed a commission-approved prelicensing course for real estate broker candidates, or its equivalent as determined by the commission; and
(iii) Has experience as a full-time or part-time Hawaii-licensed real estate salesperson associated with a Hawaii-licensed real estate broker for at least three years of the five-year period immediately prior to the submission of the experience certification application and has practical real estate salesperson experience, as certified by the principal broker, principal brokers, broker in charge, or brokers in charge, as the case may be, during the subject period. The candidate shall secure commission approval of the candidate's experience certification application prior to the date of the examination. Subject to commission approval, a candidate may request a determination of equivalency for the experience requirement based on real estate salesperson license experience or a current, unencumbered real estate broker license in another state, or in a jurisdiction recognized by the Association of Real Estate License Law Officials, with an equivalent real estate licensing law as determined by the commission."
SECTION 2. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 3. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Real Estate Brokers License; Experience
Description:
Changes the real estate salesperson experience requirement for a real estate broker license to include full-time and part-time real estate sales experience.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
