HF2942 Summary

• Requires licensees and applicants for licenses issued by the Commissioner of Commerce to provide street addresses, email addresses, and telephone numbers to the commissioner, with notification of changes within ten days.

• Modifies continuing education requirements for various licensed professionals including real estate brokers, salespersons, appraisers, and adjusters, with specific hour requirements and topics mandated.

• Reorganizes and clarifies provisions related to real estate broker, salesperson, and closing agent licensing, including application procedures, examination requirements, and disclosure obligations.

• Amends the Real Estate Appraiser Advisory Board membership composition from 15 to 9 members and modifies appointment procedures, with an effective date of January 1, 2011.

• Makes numerous technical changes to insurance requirements, certificate of insurance provisions, and notice requirements across multiple chapters affecting contractors, plumbers, water conditioning installers, and other regulated professionals.