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Real Estate Commission Flexibility In License Periods

Concerning the authority of the real estate commission to issue licenses for an initial period of less than three years.
2018 Regular Session
Business & Economic Development
Financial Services & Commerce
Bill Summary

Recent legislation changed the expiration dates of real estate licenses from an anniversary date 3 years after the date of initial issuance to December 31 of the third year after issuance and did not allow the real estate commission a period to transition licenses. To allow more flexibility in transitioning from the anniversary date system to the calendar-year system, the bill authorizes the commission to issue licenses that expire on December 31 of the year of issuance.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)


Became Law

Bill Text