10. Real estate brokerage agency. "Real estate brokerage agency" means a person or entity providing real estate brokerage services through that person's designated broker, associates or employees and licensed by the commission as a real estate brokerage agency.

12. Subagent. "Subagent" means a licensee real estate brokerage agency engaged by another brokerage agency to perform brokerage tasks for a client.

SUMMARY

This bill amends the real estate brokerage laws. The proposed changes in the bill will:

1. Repeal the licensing requirement for time-share agents;

2. Repeal the right of a complainant to appeal a decision made by the director to dismiss or not to pursue a complaint;

3. Increase the number of continuing education clock hours from 12 to 15 for active licensees;

4. Increase in increments the total number of hours required to activate a license;

5. Require an examination for licensees activating after 6 years on the inactive status;

6. Repeal one method to qualify for licensure as an associate broker;

7. Repeal an outdated section requiring specific disclosure for mobile home sales with or without land; and

8. Clarify sections regarding the need for certain listings to be in writing, the duty to produce documents requested by the director, the need to license branch offices, the duty to notify the commission of material changes in the original license application and certain definitions used in the agency relationship subchapter.