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MS HB1101
Bill
Status
1/30/2018
Primary Sponsor
Credell Calhoun
Click for details
AI Summary
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Requires all real estate education providers to obtain a valid license from the Mississippi Real Estate Commission to offer pre-license, post-license, or continuing education courses.
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Education providers must demonstrate sound financial planning, qualified instructors, adequate support staff, record-keeping capabilities, and written grievance/refund policies to qualify for licensure.
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Establishes course requirements including 75% passing grades, closed-book examinations (unless waived), proctoring standards, and live or interactive formats for core curriculum courses with polling questions at least every 30 minutes.
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Requires all pre-license and continuing education instructors to obtain a valid instructor license and complete an approved one-day instructor development workshop, with instructors needing to teach at least one course per licensure period to renew.
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Repeals existing sections 73-35-14 through 73-35-14.5 governing real estate schools and establishes a two-year license term for both education providers and instructors, effective July 1, 2018.
Legislative Description
Real estate licensure; revise requirements for those who provide instruction for.
Last Action
Died In Committee
1/30/2018