HB 1339 Modifies licensing requirements for real estate brokers

     Handler: Goodman

Current Bill Summary

- Prepared by Senate Research -


HCS/HB 1339 – This act defines "advertising" for the purposes of real estate broker solicitations. Currently, communications of certain entities are not regulated with respect to real estate brokers when real estate advertising is incidental to the operations of the entity. This act adds "Internet communications" to this category.

Under current law, an applicant for a broker license must be a licensed salesperson for at least one year or have, within six months of the application successfully completed the required curriculum from a school accredited by the Missouri Real Estate Commission. This act requires the applicant to be a licensed salesperson for at least two years and complete the required curriculum.

Under current law a licensee's or applicant's license shall be revoked or refused if the licensee or applicant has pleaded guilty to or been found guilty of certain offenses. This act imposes the same action upon licensees or applicants that have pleaded nolo contendere to the same offenses.

This act removes appellate jurisdiction for revocation challenges from the Missouri Real Estate Commission and places it with the Administrative Hearing Commission.

CHRIS HOGERTY


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