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SF 3085

1st Engrossment - 89th Legislature (2015 - 2016) Posted on 04/26/2016 09:11am

KEY: stricken = removed, old language.
underscored = added, new language.
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Current Version - 1st Engrossment

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A bill for an act
 relating to commerce; requiring qualified veterans to receive a licensing
experience waiver for the broker's examination; amending Minnesota Statutes
2014, section 82.59, subdivision 5.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2014, section 82.59, subdivision 5, is amended to read:


Subd. 5.

Waivers.

The commissioner may grant a waiver of the real estate licensing
experience requirement for the broker's examination to a qualified applicant for a waiver.

(a) A qualified applicant for a waiver is an individual who:

(1) has a degree in real estate from an accredited college or university;

(2) is a licensed practicing attorney whose practice involves real estate law; or

(3) is a public officer whose official duties involve real estate law or real estate
transactions.

new text begin (b) The commissioner shall grant a waiver of the real estate licensing experience
requirement for the broker's examination at no cost to a qualified veteran who applies for
the waiver. The qualified veteran may retake the examination under the terms of the
waiver. For purposes of this paragraph, "qualified veteran" means: (1) an active duty
military member or spouse of an active duty military member on the date of the license
cancellation or the date by which a timely renewal must have been made; or (2) a veteran
or spouse of a veteran who has left service in the two years preceding the date of the
license cancellation or the date by which a timely renewal must have been made.
 new text end

deleted text begin (b)deleted text end new text begin (c)new text end A request for a waiver shall be submitted to the commissioner in writing on a
form prescribed by the commissioner and be accompanied by documents necessary to
evidence qualification as set forth in paragraph (a).

deleted text begin (c)deleted text end new text begin (d)new text end The waiver will lapse if the applicant fails to successfully complete the
broker's examination within one year from the date of the granting of the waiver.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end