Connecticut 2020 Regular Session

Connecticut House Bill HB05375 Latest Draft

Bill / Introduced Version Filed 02/26/2020

                                
 
LCO No. 1991  	1 of 4 
 
General Assembly  Raised Bill No. 5375  
February Session, 2020  
LCO No. 1991 
 
 
Referred to Committee on INSURANCE AND REAL ESTATE  
 
 
Introduced by:  
(INS)  
 
 
 
 
AN ACT CONCERNING LI CENSING REQUIREMENTS FOR REAL 
ESTATE BROKERS. 
Be it enacted by the Senate and House of Representatives in General 
Assembly convened: 
 
Section 1. Subsection (d) of section 20-314 of the general statutes is 1 
repealed and the following is substituted in lieu thereof (Effective January 2 
1, 2021): 3 
(d) (1) (A) Each applicant applying for a real estate broker's license on 4 
or after July 1, 2016, but before January 1, 2021, shall, before being 5 
admitted to such examination, prove to the satisfaction of the 6 
commission or the Commissioner of Consumer Protection that the 7 
applicant [(A) (i)] (i) (I) has been actively engaged for at least two years 8 
as a licensed real estate salesperson under the supervision of a licensed 9 
real estate broker in this state, [(ii)] (II) has successfully completed a 10 
course approved by the commission or commissioner in real estate 11 
principles and practices of at least sixty classroom hours of study, [(iii)] 12 
(III) has successfully completed a course approved by the commission 13 
or commissioner in real estate legal compliance consisting of at least 14 
fifteen classroom hours of study, [(iv)] (IV) has successfully completed 15  Raised Bill No.  5375 
 
 
 
LCO No. 1991   	2 of 4 
 
a course approved by the commission or commissioner in real estate 16 
brokerage principles and practices consisting of at least fifteen 17 
classroom hours, and [(v)] (V) has successfully completed two elective 18 
courses, each consisting of fifteen classroom hours of study, as 19 
prescribed by the commission or commissioner, or [(B)] (ii) has 20 
equivalent experience or education as determined by the commission or 21 
commissioner. 22 
(B) Each applicant applying for a real estate broker's license on or 23 
after January 1, 2021, shall, before being admitted to such examination, 24 
prove to the satisfaction of the commission or the Commissioner of 25 
Consumer Protection that the applicant (i) (I) has been actively engaged 26 
as a licensed real estate salesperson under the supervision of a licensed 27 
real estate broker in this state for at least one thousand five hundred 28 
hours during the three years immediately preceding the date on which 29 
such applicant filed such applicant's application, and such supervising 30 
licensed real estate broker, or such supervising licensed real estate 31 
broker's authorized representative, has certified the accuracy of a record 32 
of such applicant's active engagement on a form provided by such 33 
applicant to such supervising licensed real estate broker or authorized 34 
representative, (II) has successfully completed a course approved by the 35 
commission or commissioner in real estate principles and practices of at 36 
least sixty classroom hours of study, (III) has successfully completed a 37 
course approved by the commission or commissioner in real estate legal 38 
compliance consisting of at least fifteen classroom hours of study, (IV) 39 
has successfully completed a course approved by the commission or 40 
commissioner in real estate brokerage principles and practices 41 
consisting of at least fifteen classroom hours, (V) has successfully 42 
completed two elective courses, each consisting of fifteen classroom 43 
hours of study, as prescribed by the commission or commissioner, and 44 
(VI) has represented a seller, buyer, lessor or lessee in at least four real 45 
estate transactions that closed during the three years immediately 46 
preceding the date on which such applicant filed such applicant's 47 
application, or (ii) has equivalent experience or education as determined 48 
by the commission or commissioner. Each supervising licensed real 49  Raised Bill No.  5375 
 
 
 
LCO No. 1991   	3 of 4 
 
estate broker, or authorized representative of such supervising licensed 50 
real estate broker, shall certify the accuracy or inaccuracy of a record 51 
provided by an applicant to such supervising licensed real estate broker 52 
or authorized representative under subparagraph (B)(i)(I) of this 53 
subdivision not later than ninety days after such applicant provides 54 
such record to such supervising licensed real estate broker or authorized 55 
representative. 56 
(2) The commission or the Commissioner of Consumer Protection 57 
shall waive the elective courses under subparagraph [(A)(v)] (A)(i)(V) 58 
or (B)(i)(V) of subdivision (1) of this subsection if the applicant has 59 
successfully completed at least twenty real estate transactions within 60 
five years immediately preceding the date of application. As used in this 61 
subdivision, "real estate transaction" means any transaction in which 62 
real property is legally transferred to another party or in which a lease 63 
agreement is executed between a landlord and a tenant. 64 
(3) Each applicant for a real estate salesperson's license shall, before 65 
being admitted to such examination, prove to the satisfaction of the 66 
commission or the Commissioner of Consumer Protection that the 67 
applicant (A) has successfully completed a course approved by the 68 
commission or commissioner in real estate principles and practices 69 
consisting of at least sixty classroom hours of study, or (B) has 70 
equivalent experience or education as determined by the commission or 71 
commissioner. 72 
This act shall take effect as follows and shall amend the following 
sections: 
 
Section 1 January 1, 2021 20-314(d) 
 
Statement of Purpose:   
To modify the preconditions to issuing a real estate broker's license in 
this state. 
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except 
that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not 
underlined.]  Raised Bill No.  5375 
 
 
 
LCO No. 1991   	4 of 4