What do I need to do to get my Brokers License in Connecticut: NEW Broker Requirements became effective 7/1/2016:
PA 15-98 AN ACT CONCERNING LICENSURE REQUIREMENTS FOR REAL ESTATE BROKERS
- SUMMARY: This act changes the education requirements for an initial real estate broker license. Specifically, it requires a license applicant to successfully complete the following:
- 15-hour course in real estate legal compliance and a
- 15-hour course in real estate brokerage principles and practices,
- The act requires an applicant to also complete two
- 15-hour elective courses prescribed by the commission, waived if the applicant has successfully completed at least 20 real estate transactions in the previous five years.
- The act defines a “real estate transaction” as a legal transfer of real property or execution of a lease agreement.
- unchanged by the act, an applicant for an initial real estate broker license must also
- (1) be at least age 18;
- (2) have a good reputation for honesty, truthfulness, and fair dealing;
- (3) pass a written test;
- (4) have been a licensed real estate salesperson for at least two years under the supervision of a real estate broker; and
- (5) successfully complete a 60-hour course in real estate principles and practices approved by the Real Estate Commission. The commission may approve experience or education equivalent to what the law and the act require.
- EFFECTIVE DATE: July 1, 2016 Link to State WebSite