HB402 Alabama 2018 Session
Bill Summary
Under existing law, real estate salespersons and brokers are licensed and regulated by the Alabama Real Estate Commission.
This bill would add definitions, clarify requirements for brokerage agreements and for schools, administrators, and instructors offering real estate courses, and add additional requirements for schools, administrators, and instructors offering real estate courses. This bill would also require a real estate license for certain lease and rental arrangements. This bill would also increase the clock hours requirement for continuing education for real estate license holders.
Relating to real estate; to amend Sections 34-27-2, 34-27-3, 34-27-6, 34-27-30, 34-27-32, 34-27-33, 34-27-34, and 34-27-35, Code of Alabama 1975, to add definitions, clarify requirements for brokerage agreements and for schools, administrators, and instructors offering real estate courses; to add additional requirements for schools, administrators, and instructors offering real estate courses; to require a real estate license for certain lease and rental arrangements; and to increase the clock hours requirement for continuing education for real estate license holders.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 28, 2018 | H | Boards, Agencies and Commissions first Substitute Offered |
| February 28, 2018 | H | Pending third reading on day 17 Favorable from Boards, Agencies and Commissions with 1 substitute |
| February 28, 2018 | H | Read for the second time and placed on the calendar with 1 substitute and |
| February 12, 2018 | H | Read for the first time and referred to the House of Representatives committee on Boards, Agencies and Commissions |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB402 Alabama 2018 Session - Introduced |
Source: Alabama Legislature