CAR - "Governor Schwarzenegger signs AB 2429 into law; measure enhances licensing requirements in real estate industry" (9-22-06)

"California Governor Arnold Schwarzenegger has signed AB 2429 (Negrete McLeod), “Real Estate Salesperson Licensure,” into law. The measure was sponsored by the CALIFORNIA ASSOCIATION OF REALTORS®. AB 2429 will require salesperson applicants, after Sept. 30, 2007, to complete all three of the Department of Real Estate-mandated pre-license courses prior to taking the license examination."