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AB-293 Real estate.(2017-2018)

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Date Published: 03/07/2017 09:00 PM
AB293:v98#DOCUMENT

Amended  IN  Assembly  March 07, 2017

CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Assembly Bill
No. 293


Introduced by Assembly Member Mullin

February 06, 2017


An act to amend Section 10006 10153.8 of the Business and Professions Code, relating to real estate.


LEGISLATIVE COUNSEL'S DIGEST


AB 293, as amended, Mullin. Real estate.
The Real Estate Law provides for the regulation and licensure of real estate brokers and salespersons by the Real Estate Commissioner. As used in the Real Estate Law, the term “person” is defined as including a corporation, company, and firm. That law requires the commissioner to ascertain by written examination that the applicant for a license has specific knowledge and understanding relating to real estate and business opportunity practices. That law authorizes an applicant who fails the qualifying examination, upon application and payment of a fee, to apply for reexamination within 2 years of filing the first application for examination.

This bill would make a nonsubstantive change to these provisions.

This bill would change references to reexamination to refer, instead, to the retaking of a qualifying examination. The bill would authorize an applicant who fails his or her 2nd qualifying examination for the same license, after 120 days from the notification date of failure, to retake that qualifying examination upon application and payment of the required examination fees.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NOYES   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 10153.8 of the Business and Professions Code is amended to read:

10153.8.
 (a) (1) When an applicant for real estate license fails the qualifying examination, he the applicant may apply for reexamination to retake the qualifying exam by filing the appropriate application and fee.

The

(2) The application and fee for reexamination retaking the qualifying exam shall be filed and the reexamination taken qualifying examination retaken within the two-year period following the date the first application for the qualifying examination was filed.
(b) An applicant who fails his or her second qualifying examination for the same license, after 120 days from the notification date of failure, may retake that qualifying examination upon application and payment of the required examination fees.

SECTION 1.Section 10006 of the Business and Professions Code is amended to read:
10006.

“Person” includes corporation, company, and firm.