SB 1061

Bill Subjects

Abstract

Clarifies that the Real Estate Board (the Board) may establish criteria delineating the permitted activities of unlicensed individuals employed by, or affiliated as an independent contractor with, real estate licensees or under the supervision of a real estate broker. Current law only permits the Board to establish such criteria for unlicensed individuals employed by or under the supervision of a real estate broker. The bill also specifies that a real estate team may hire one or more unlicensed assistants as an employee or an independent contractor. Current law does not specify the method by which real estate teams may hire independent contractors. Finally, the bill permits an independent contractor affiliated with a disabled or deceased broker to carry on the business of the disabled or deceased broker for 180 days following the death or disability of the broker solely for the purpose of concluding the business of the deceased or disabled broker under certain circumstances. The bill contains a technical amendment and is identical to