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Bill > SB480


NH SB480

NH SB480
Relative to the regulation of real estate practice.


summary

Introduced
12/13/2023
In Committee
05/14/2024
Crossed Over
04/02/2024
Passed
07/23/2024
Dead
Signed/Enacted/Adopted
08/07/2024

Introduced Session

2024 Regular Session

Bill Summary

This bill establishes a definition for "post licensing". This bill further allows for inactive real estate licenses, provides requirements for those with an inactive license, and provides for a process for reinstatement of those licenses.

AI Summary

This bill establishes a definition for "post licensing," which refers to the period of time during which a real estate license is issued for the first time on or after February 1, 2024, and terminates upon the first renewal of that license. The bill also allows for inactive real estate licenses, providing requirements for those with an inactive license, and a process for reinstatement of those licenses. The bill amends the New Hampshire Real Estate Practice Act to include these new provisions.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (4)

Last Action

Signed by the Governor on 08/02/2024; Chapter 357; Effective 10/01/2024 (on 08/07/2024)

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