South Carolina General Assembly
116th Session, 2005-2006

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Bill 3853

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Indicates New Matter


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

Indicates Matter Stricken

Indicates New Matter

AMENDED

April 27, 2005

H. 3853

Introduced by Reps. Huggins and E.H. Pitts

S. Printed 4/27/05--H.

Read the first time April 5, 2005.

            

A BILL

TO AMEND SECTION 40-57-80, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO QUALIFICATIONS FOR LICENSURE AS A REAL ESTATE BROKER, SALESPERSON, OR PROPERTY MANAGER SO AS TO PROVIDE FOR CRIMINAL RECORD REPORTS AND SATISFACTORY EVIDENCE THAT THE APPLICANT IS OF GOOD MORAL CHARACTER.

Amend Title To Conform

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Section 40-57-80 of the 1976 Code is amended to read:

"Section 40-57-80.    (A)    To be eligible for licensure, an applicant shall:

(1)    have attained the age of twenty-one if applying for a license as a broker, broker-in-charge, or property manager-in-charge;

(2)    have attained the age of eighteen if applying for a license as a salesman or property manager;

(3)    submit to a credit report which shall that must indicate creditworthiness satisfactory to the commission. If notified of unsatisfactory credit, the applicant has sixty days to respond;

(4)    have graduated from high school or hold a certificate of equivalency;

(5)    submit proof of completion of education and, if applicable, experience requirements as specified in this chapter;

(6)    pass the applicable examination.;

(7)    obtain and provide criminal record reports from one or more reporting services designated by the commission to provide criminal record reports. Applicants are required to pay the designated reporting service for the cost of these reports; and

(8)    satisfy the commission that he possesses the competency, honesty, truthfulness, integrity, and general moral character necessary to protect the public interest and promote public confidence in the real estate brokerage business.

(B)    If the results of any required competency examination and investigation of the applicant's moral character are satisfactory to the commission, then the commission shall issue to the applicant a license, authorizing the applicant to act as a real estate broker, real estate salesperson, or real estate property manager in the State of South Carolina, upon the payment of a fee or completion of education requirements required by this section and this chapter. The commission must notify the applicant if the applicant has an unsatisfactory examination and investigation. The applicant has sixty days from the date of notification to respond."

SECTION    2.    This act takes effect upon approval by the Governor.

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