Loading chat...

MS SB2854

Bill

Official Source

Status

Failed

3/12/2020

Primary Sponsor

Chris Caughman

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Changes the required experience for real estate broker licensure from 12 months to 36 months of active real estate salesperson licensure immediately prior to applying for a broker's examination
  • Increases prelicensing education requirements for broker applicants without 36 months of prior salesperson experience from 120 hours to 150 hours of classroom instruction at an accredited college or university
  • Designates Section 73-35-7 as the "Broker Responsibility Act"
  • Effective July 1, 2020

Legislative Description

Real estate brokers license; revise requirement for.

Last Action

Died On Calendar

3/12/2020

Committee Referrals

Business and Financial Institutions2/17/2020

Full Bill Text

No bill text available