TO AMEND THE LAW CONCERNING CONTINUING EDUCATION REQUIREMENTS FOR REAL ESTATE LICENSEES; AND TO CREATE CONTINUING EDUCATION EXEMPTIONS FOR CERTAIN REAL ESTATE BROKER LICENSEES.

HB 1794 creates new exemptions from continuing education requirements for certain experienced real estate licensees in Arkansas. Specifically, it allows salespersons, associate brokers, principal brokers, and executive brokers who meet strict criteria (including being 72+ years old, holding an active license for 25+ consecutive years, having no disciplinary actions in 5 years, and no delinquent education requirements) to apply for exemption during license renewal. The bill establishes a formal application process requiring written proof of these qualifications to the Arkansas Real Estate Commission. Exemptions may be revoked if disciplinary action occurs after approval, and denied applications can be appealed. This directly affects long-tenured, low-risk licensees who qualify under the specified conditions.