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Committee advances bill to create separate property‑management license and education path
Summary
House Bill 1558 would create property-management broker and associate licenses, require 60 hours of education (30 law, 30 best practices), continuing education, and a minimum experience threshold (managing seven units for two years) for the broker track; committee passed the bill by voice vote.
Representative Richard Monroe and other sponsors told the Senate Insurance & Commerce Committee that House Bill 1558 establishes a licensing path for property managers separate from the sales‑agent/broker track. Sponsors said the bill keeps oversight under the Arkansas Real Estate Commission, requires education and experience for licensure, and aims to grow a trained property‑management workforce in the state.
Under the bill, sponsors explained, a property‑management broker would generally need 60 hours of education — 30 hours on Arkansas…
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