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Bill > HB1212


MS HB1212

MS HB1212
Real Estate Brokers License; revise the requirements to be granted such a license.


summary

Introduced
02/17/2020
In Committee
05/11/2020
Crossed Over
03/11/2020
Passed
06/18/2020
Dead
Signed/Enacted/Adopted
06/25/2020

Introduced Session

2020 Regular Session

Bill Summary

An Act To Amend Section 73-35-7, Mississippi Code Of 1972, To Revise The Requirements To Be Granted A Real Estate Brokers License; And For Related Purposes.

AI Summary

This bill revises the requirements to be granted a real estate broker's license in Mississippi. It changes the minimum experience requirement from 12 months to 36 months as an active real estate salesperson before applying for the broker's exam, except for applicants who agree not to hire any real estate salespersons for the first 36 months of their broker's license. The bill also increases the pre-licensing educational requirement from 120 hours to 150 hours for applicants without the 36-month salesperson experience. The residency requirements for licensure remain, but the commission can exempt certain out-of-state licensees. The bill takes effect on July 1, 2020.

Committee Categories

Business and Industry, Justice

Sponsors (36)

Last Action

Approved by Governor (on 06/25/2020)

bill text


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