HB2781 Summary

• Abolishes the Real Estate Education Advisory Council and transfers its functions to the Real Estate Administration and Disciplinary Board and the Department of Financial and Professional Regulation.

• Allows the Department to establish continuing education requirements for licensed leasing agents without the Advisory Council's involvement.

• Increases the Real Estate Administration and Disciplinary Board from 9 to 14 members and adds representatives from education providers, trade organizations, and higher education institutions.

• Implements a 12-year cumulative service limit for Board members and requires Board approval by quorum for all decisions.

• Authorizes the Secretary of the Department to establish temporary or permanent Board committees to oversee education provider licensing, curricula standards, and instructor qualifications.