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Committee approves new property-management license and 24-hour education requirement
Summary
Lawmakers adopted a second substitute for House Bill 337 to create a distinct property-management license requiring 24 hours of pre-licensure education, broker association for oversight, and continuing-education authority for the Real Estate Division; sponsors said it lowers barriers while protecting tenants and owners.
Representative Tushar presented second-substitute House Bill 337 to create a distinct property-management license with a 24-hour education and exam requirement, replacing the current requirement that third-party property managers hold full real-estate salesperson licenses (120 hours). The substitute also requires licensed property managers to associate with a real-estate broker for oversight and allows the Real Estate Division to establish continuing-education requirements.
Nut graf: Supporters said the change…
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