NJAR®, working with Senate Majority Leader Steven Sweeney (D3) and Assembly Majority Leader Bonnie Watson Coleman (D15), introduced bare bones legislation this week that would mandate continuing education (CE) for real estate brokers, broker-salespersons and salespersons. A3099 and S2068, which are only meant to be placeholders for more comprehensive legislation, were introduced at NJAR®'s request following the June 10, 2008, NJAR® Board of Directors vote to strongly support state-mandated continuing education for real estate licensees. NJAR® will work over the summer to develop a comprehensive bill, incorporating the NJAR® CE Task Force recommendations, that will replace the current bill language so the Majority Leaders and the Legislature can move forward this fall.
The NJAR® Continuing Education Task Force Outline adopted by the NJAR® Board of Directors and the REC Task Force's draft Report and Recommendations both contain a provision for agents whose licenses are in referral. The NJAR® Continuing Education Task Force Outline was presented to the REC at its hearing on June 24, 2008, where the REC draft report was again discussed. There were no adoptions or decisions made concerning the REC report.
Source: NJAR
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