Bill Text - SB459 (2018)

Relative to reciprocity for licensure as a real estate broker or salesperson.


Revision: Dec. 27, 2017, 3:40 p.m.

SB 459  - AS INTRODUCED

 

 

2018 SESSION

18-2730

10/01

 

SENATE BILL 459

 

AN ACT relative to reciprocity for licensure as a real estate broker or salesperson.

 

SPONSORS: Sen. Giuda, Dist 2; Sen. Innis, Dist 24; Sen. Bradley, Dist 3; Sen. Avard, Dist 12; Sen. Fuller Clark, Dist 21; Sen. Watters, Dist 4; Rep. L. Ober, Hills. 37; Rep. Hunt, Ches. 11

 

COMMITTEE: Executive Departments and Administration

 

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ANALYSIS

 

This bill provides for the licensure in this state of real estate brokers and salespersons holding a license in good standing from another jurisdiction and who qualify for licensure.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2730

10/01

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to reciprocity for licensure as a real estate broker or salesperson.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Real Estate Practice; Reciprocity.  Amend RSA 331-A:11-a to read as follows:

331-A:11-a  Reciprocity for Licensure.  If an applicant holds an active real estate broker or salesperson license in good standing, and issued by examination in accordance with the laws of another jurisdiction, that applicant may apply for and be granted an original New Hampshire license [by first taking the New Hampshire portion of the licensing examination, provided the jurisdiction that issued such nonresident license has previously entered into a licensing reciprocity agreement which has been approved by the commission, and], provided that [other] the requirements of [the commission] RSA 331-A:10 have been met.  This section applies to nonresident salesperson applicants only when such applicants are applying for an original New Hampshire salesperson license and such applicant works under the direct supervision of a broker licensed under this chapter.  The commission shall not impose additional requirements for licensure by reciprocity.

2  Effective Date.  This act shall take effect 60 days after its passage.