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H.B. 52
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VETOES
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(ii) have been a licensed real estate salesperson and have actively
and lawfully provided real estate brokerage services for at least 3 years.
(2) If an applicant is qualified to practice law in the State, the
Commission shall waive the educational and experience requirements of paragraph
(1) of this subsection for that applicant.
17-315.
(a) (1) To qualify for renewal of a license under this subtitle, a licensee shall
complete;
(i) in the license term that begins in 1992, at least 12 clock hours of
continuing education instruction, as provided in this section, during each 2-year
license term; and
(ii) in and after the license term that begins in 1996, COMPLETE at
least 15 clock hours of continuing education instruction THAT INCLUDES 3 CLOCK
HOURS OF REAL ESTATE ETHICS IN AND AFTER THE LICENSE TERM THAT BEGINS IN
1996, as provided in this section, during the preceding 2-year term.
(2) Notwithstanding paragraph (1) of this subsection:
(i) a licensee who is granted a license during the second year of a
license term may renew a license for the next full term without complying with the
continuing education requirements of this section; and
(ii) a licensee who has been licensed for 10 years or more may
satisfy the continuing education requirements and renew a license for the next full
term by completing 6 clock-hours of continuing education instruction that:
1. INCLUDES 3 CLOCK HOURS OF REAL ESTATE ETHICS; AND
2. outlines relevant changes that have occurred in federal,
State, or local laws, or any combination of those laws.
(II) A LICENSEE MAY SATISFY THE CONTINUING EDUCATION
REQUIREMENTS AND RENEW A LICENSE FOR THE NEXT FULL TERM BY COMPLETING
7.5 CLOCK HOURS OF CONTINUING EDUCATION INSTRUCTION AS PROVIDED FOR IN
SUBSECTION (B) OF THIS SECTION IF THE LICENSEE:
1. POSSESSES A GRADUATE DEGREE IN LAW FROM AN
ACCREDITED LAW SCHOOL;
2. POSSESSES A GRADUATE DEGREE IN REAL ESTATE FROM
AN ACCREDITED COLLEGE OR UNIVERSITY;
3. HAS BEEN LICENSED FOR 10 CONSECUTIVE YEARS AND
HOLDS A REAL ESTATE DESIGNATION FROM:
A. A NATIONALLY RECOGNIZED REAL ESTATE TRADE
ASSOCIATION, INCLUDING THE NATIONAL ASSOCIATION OF REALTORS AND THE
NATIONAL ASSOCIATION OF REAL ESTATE BROKERS, INC.;
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- 4952 -
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