Bill > HB1110

This bill makes several technical amendments to New Hampshire's Real Estate Practice Act to clarify and update various provisions. The bill modifies educational requirements by specifying that certain hours of study and continuing education are measured in "credit hours" for real estate licensees. It clarifies that inactive licensed principal or managing brokers are not required to maintain a surety bond, which reduces administrative burden for brokers who are temporarily not actively practicing. The bill also updates provisions related to criminal convictions, specifying that annulled convictions will not be considered in disciplinary proceedings, which provides additional protections for licensees who have had prior convictions expunged. Additionally, the bill expands anti-discrimination language to explicitly cover rental activities in addition to sales activities, ensuring broader protections against discrimination in real estate transactions. The bill also makes several technical corrections to cross-references in the existing statutes, updating section numbers and ensuring internal consistency within the law. These changes are primarily administrative in nature and aim to improve the clarity and precision of the existing real estate licensing regulations. The bill will take effect 60 days after its passage, allowing time for real estate professionals and regulatory bodies to understand and implement the updated provisions.

Government Affairs

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1760&inflect=2