Real Estate Agents and Brokers - As enacted, exempts a real estate broker licensee who was originally licensed prior to January 1, 2005, and does not supervise any affiliate brokers from the requirement to furnish certification of satisfactory completion of 16 classroom hours in real estate courses for reissuance of a license for a licensure period after the period in which the licensee completed the required 120 classroom hours in real estate. - Amends TCA Title 62, Chapter 13.

HB 700 exempts certain real estate brokers in Tennessee from continuing education requirements. Specifically, it removes the need for brokers originally licensed before January 1, 2005, who do not supervise affiliate brokers to complete 16 classroom hours of real estate education every two years for license renewal. This change modifies Tennessee Code Annotated § 62-13-303(h)(3), directly affecting existing brokers meeting both criteria. The bill became law on April 8, 2025, as Public Chapter 122.