SCS CSHB 418(L&C): "An Act extending the termination date of the Real Estate Commission; relating to real estate; relating to home inspectors; relating to real estate licensees; and providing for an effective date."
00 SENATE CS FOR CS FOR HOUSE BILL NO. 418(L&C) 01 "An Act extending the termination date of the Real Estate Commission; relating to real 02 estate; relating to home inspectors; relating to real estate licensees; and providing for an 03 effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AS 08.03.010(c)(19) is amended to read: 06 (19) Real Estate Commission (AS 08.88.011) - June 30, 2008 [2004]; 07 * Sec. 2. AS 08.18.022(a) is amended to read: 08 (a) The department shall issue a certificate of registration as a home inspector 09 for new homes, existing homes, or both, as appropriate, to an individual who 10 (1) passes the appropriate home inspection examination; for purposes 11 of this paragraph, the appropriate home inspection examination for an individual who 12 applies to be registered for inspection of 13 (A) existing homes is the examination offered by the American 14 Society of Home Inspectors, [AMERICAN HOME INSPECTORS
01 TRAINING INSTITUTE,] or National Association of Home Inspectors; 02 (B) new homes or for a joint registration is the examination 03 offered by the International Code Council; 04 (2) meets the educational and experience requirements adopted by the 05 department in regulations for the type of registration applied for; 06 (3) submits a complete application for registration either 07 (A) within one year after passing the examination required 08 under (1) of this subsection; or 09 (B) accompanied by documentation that the applicant has 10 completed continuing education requirements established by the 11 department; 12 (4) within the seven years preceding the date of application, has not 13 been under a sentence for an offense related to forgery, theft in the first or second 14 degree, extortion, or defrauding creditors or for a felony involving dishonesty; 15 (5) has not had the authority to perform home inspections revoked in 16 this state or in another jurisdiction; 17 (6) is not the subject of an unresolved criminal complaint or 18 unresolved disciplinary action before a regulatory authority in this state or in another 19 jurisdiction related to real estate or home inspection matters; and 20 (7) pays the appropriate fees. 21 * Sec. 3. AS 08.18.101 is amended by adding a new subsection to read: 22 (b) Proof of insurance coverage for an applicant under (a) of this section may 23 be satisfied by providing evidence that the applicant is covered by a policy in effect 24 for the applicant's employer at least to the extent required under (a) of this section. 25 * Sec. 4. AS 08.88.251 is amended by adding new subsections to read: 26 (d) A licensee may, subject to the approval of the commission, renew an 27 inactive license for 24 months from the anniversary date of the issuance of the initial 28 inactive license certificate under (a) of this section. 29 (e) An active license that has been converted from inactive status under (c) of 30 this section shall be issued for the remainder of the current 24-month period of the 31 inactive license.
01 * Sec. 5. AS 08.88.291 is amended by adding new subsections to read: 02 (b) Each licensee under this chapter is responsible for ensuring that the 03 commission has current contact information for the licensee for two years after the 04 lapse, expiration, surrender, suspension, or revocation of the license. 05 (c) In addition to the information provided under (a) of this section, a licensee 06 shall provide the commission with a current mailing address and, if active, the address 07 of the broker employing the licensee. 08 (d) The commission shall mail all notices pertaining to a license or surety fund 09 action taken under this chapter or a regulation adopted under this chapter to the current 10 address or addresses of a licensee obtained under this section. Proof of notice 11 provided under this subsection satisfies due process notice requirements. 12 * Sec. 6. AS 08.88.470 is amended to read: 13 Sec. 08.88.470. Findings and payment. At the conclusion of the 14 commission's consideration of a claim made under AS 08.88.460, it shall make written 15 findings and conclusions on the evidence. If the commission finds that the claimant 16 has suffered a loss in a real estate transaction as a result of fraud, misrepresentation, 17 deceit, or the conversion of trust funds or the conversion of community association 18 accounts under the control of a community association manager on the part of a real 19 estate licensee, the commission may award a claimant reimbursement from the real 20 estate surety fund for the claimant's loss up to $20,000 [$10,000]. Not more than 21 $20,000 [$10,000] may be paid for each transaction regardless of the number of 22 persons injured or the number of parcels of real estate involved in the transaction. 23 * Sec. 7. The uncodified law of the State of Alaska enacted in sec. 44(a), ch. 134, SLA 24 2003, is amended to read: 25 (a) Notwithstanding AS 08.18.022, added by sec. 7 of this Act, the 26 Department of Community and Economic Development shall issue a certificate of 27 joint registration that is valid until January 1, 2006, to an individual who submits to 28 the department satisfactory evidence of being in the business of home inspection in the 29 state at the time of application for registration under this subsection and of having 30 (1) been in the business of home inspection in the state on October 1, 31 2002; and
01 (2) passed the building inspector examination, [OR] property 02 maintenance and housing inspector examination, or the residential combination 03 examination given by the International Code Council. 04 * Sec. 8. The uncodified law of the State of Alaska enacted in sec. 44(c), ch. 134, SLA 05 2003, is amended to read: 06 (c) Notwithstanding AS 08.18.022, added by sec. 7 of this Act, the 07 Department of Community and Economic Development shall issue a certificate of 08 registration to practice home inspection of new construction that is valid until 09 January 1, 2006, to an individual who submits to the department satisfactory evidence 10 of being in the business of home inspection in the state at the time of application for 11 registration under this subsection and of having passed the combination inspector 12 examination, [OR] the combination dwelling inspector examination, or the 13 residential combination examination given by the International Code Council. 14 * Sec. 9. The uncodified law of the State of Alaska enacted in sec. 44(f), ch. 134, SLA 15 2003, is amended to read: 16 (f) A [EXCEPT AS PROVIDED IN (e) OF THIS SECTION, A] certificate of 17 registration as a home inspector or associate home inspector issued under this section 18 is considered to be a certificate of registration as a home inspector or associate home 19 inspector issued under AS 08.18.022, added by sec. 7 of this Act. 20 * Sec. 10. The uncodified law of the State of Alaska as enacted in sec. 44, ch. 134, SLA 21 2003, is amended by adding new subsections to read: 22 (h) Notwithstanding provisions of this section that provide that a certificate 23 issued under this section is valid until January 1, 2006, a certificate issued under this 24 section is not valid for more than two years from the date of issuance unless the 25 certificate holder has provided evidence to the Department of Community and 26 Economic Development that the certificate holder has completed continuing education 27 requirements established by the department. The department may require a person 28 who must show completion of continuing education under this subsection to meet the 29 same continuing education requirements that would be applicable to license renewal 30 under AS 08.18.031(c). 31 (i) The fee for a license issued under this section is $200. The department
01 shall adopt regulations for the collection of this fee. 02 * Sec. 11. Section 44(e), ch. 134, SLA 2003, is repealed. 03 * Sec. 12. This Act takes effect immediately under AS 01.10.070(c).