Osceola ReVIEW - February 2009 - (Page 3) By Janice Murphy, Director of Knowledge Services Knowledge Services News Question: What are the continuing-education requirements for an active or inactive broker licensee? Answer: You must take a minimum of 14 hours of commission-approved classroom instruction during each license renewal period (excluding the first renewal period of your current license when 60 hours of postlicense education is required). A minimum of three of the 14 required hours must consist of the commission prescribed Core Law. The other 11 hours may consist of “specialty” course on real estate practices approved by the Commission. A licensee who takes the 3-hour Core Law course in each year of the renewal period shall be allowed a total of 6 hours toward the 14-hour requirement. In that case, the “specialty” course hours need total only 8 hours. Question: Can I take correspondence courses to fulfill the 14-hour continuing education requirement? Answer: Yes. A FREC approved equivalent correspondence course or other FREC approved forms of distance learning may substitute for the live instruction. Question: What are the continuing education requirements for an active or inactive sales associate’s licensee? Answer: A minimum of 14 hours of commission approved classroom instruction during each license renewal period (excluding the first renewal period of your current license when 45-hours of post-license education is required). A minimum of 3 of the 14 required hours must consist of the FREC prescribed Core Law courses. The other 11 hours may consist of “specialty” courses on real estate practices approved by FREC. A licensee who takes the 3-hour Core Law course in each year of the renewal period is allowed a total of 6 hours toward the 14-hour requirement. In such an event, the “specialty” course hours need total only 8 hours. Question: Tell me something I probably don’t know. Answer: A licensee can earn 3 of the required 11 continuing education hours in the “specialty” area by attending a FREC meeting where disciplinary cases are considered. Licensees must attend the entire day of hearings to earn the credit. Seven days advance notice must be given to the Education Section of the Division of Real Estate so attendance may be monitored. Question: What do I need to know about license reactivation? Answer: If you hold an involuntarily inactive license, make sure you complete the reactivation education within two years of the first day you failed to hold a valid and active license. After the second year, the broker’s or sales associate’s right to reactivate automatically expires. If the time elapsed is less than one year, the reactivation requirement can be fulfilled by satisfactorily completing Continued on Page 4. CONTINUING EDUCATION Q&A Occasionally, the Association receives many inquiries regarding the questions below. Here are some answers to the most frequently asked questions concerning the education requirements that are mandated by both the State of Florida Real Estate Commission and the National Association of REALTORS®. Question: Can I take “specialty” continuing education courses until they add up to 45 or 60 hours to fulfill the post-licensing requirements for sales associates or brokers? Answer: No. Post-license courses for brokers and sales associates are specifically approved for that purpose and designed to build on knowledge acquired during the prelicensing education courses. A sales associate or broker’s license is provisional until completing the post-license education requirement. Question: Can I take a correspondence course to fulfill the post-licensing requirements for brokers or sales associates? Answer: Yes. Students failing a post-licensing education examination must wait at least 30 days but no more than one year from the date of the original examination to retake the examination. Only one retake is permitted. Otherwise, students who fail the end of the course postlicensing examination must repeat the course before being eligible to again take the course examination. Question: If I miss a post-licensing session due to illness, can I make up the session? Answer: Yes. Make-up classes may not extend more than 30 days beyond the scheduled end of course examination without approval of the Commission. Make-up classes must be the classes missed by the student and must consist of the original Commission prescribed course material. Question: What happens if I do not complete the sales associate’s person’s 45-hour post-license education requirement before the expiration of my initial sales associate’s license? Answer: Your license becomes void, and you have to retake the pre-license course, pass its exam, and retake the state exam. If short, you have to start from scratch. Question: What happens if I do not complete the broker’s 60-hour post-license education requirement before the expiration of my initial broker’s license? Answer: Your license reverts to a sales associate’s license. February 2009 Osceola ReVIEW 3
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