12 AAC 64.500 - Continuing education requirements
(a) For the
purposes of
AS
08.88.091(d), the commission
will accept only those continuing education courses that meet the real estate
education standards of
12 AAC 64.400 -
12 AAC 64.470, including courses
in the following subject areas:
(1) licensee
relationships;
(2) closing
transactions;
(3) common interest
ownership and resale certificates required under
AS
34.08.590;
(4) communications, negotiations, and real
estate counseling skills;
(5)
repealed 6/28/97;
(6)
contracts;
(7) energy
conservation;
(8) health, safety,
and environmental issues, and compliance with
42 U.S.C.
12101-
12213 (Americans with Disabilities
Act of 1990);
(9) fair housing and
equal opportunity laws;
(10)
financing real estate;
(11)
foreclosure, judgments, and bankruptcy;
(12) international real estate
transactions;
(13) land use,
planning, zoning, and building codes;
(14) legal descriptions;
(15) listing responsibilities;
(16) marketing property;
(17) new construction;
(18) prohibited conduct;
(19) property disclosure and
inspections;
(20) residential
property management;
(21) property
valuation;
(22) real estate
brokerage management;
(23) real
estate investment analysis;
(24)
real estate property law;
(25) real
estate license law;
(26)
securities;
(27) title insurance
and lien law;
(28) trust account
management;
(29) trusts, estates,
and probate;
(30) ethical
decision-making in real estate transactions;
(31) community association
management;
(32) community
association documents;
(33) risk
management;
(34) Alaska landlord
tenant law;
(35) customer client
service;
(36) commercial property
management;
(37) tax law and
exchanges;
(38) broker disclosure
responsibility;
(39) broker
supervision;
(40) broker trust
account responsibility; and
(41)
organizing and managing real estate offices.
(b) An applicant for renewal of a broker,
associate broker, or salesperson license must complete the following continuing
education contact hours during the concluding licensing period:
(1) an eight-hour continuing education core
curriculum, identified by the commission , that stresses current trends in real
estate practices and changes in state, federal, and case law in the areas of
real estate sales, property management, community association management, or
commercial sales; and
(2) 12
contact hours of continuing education in elective topics that meet the
requirements in (a) of this section.
(c) At least 120 days before the beginning of
each licensing period, the commission will identify topics in which all
licensees will be required to obtain eight contact hours of continuing
education credit under (b)(1) of this section during the next licensing
period.
(d) By October 1 of each
odd-numbered year, the commission will, or the division staff at the
commission 's direction shall notify course sponsors of the topics that satisfy
the requirements in (b)(1) of this section for the next renewal
period.
(e) While useful to the
practice of real estate, the following types of training do not meet the
continuing education standards of the commission :
(1) mechanical office or business skills,
including typing, speed-reading, or use of a calculator or computer, unless
related to one of the subject areas listed in (a) of this section;
(2) office sales meetings;
(3) orientation courses by professional
organizations;
(4) instructor
development courses;
(5)
prospecting;
(6) repealed
2/12/99.
(f) No more than
12 contact hours of credit from any one course content area may be accrued
toward license renewal in a single licensing period.
(g) An applicant for license renewal who
creates a new course that is approved for credit under
12 AAC 64.410 may earn continuing
education credit equal to the number of hours approved for the
course.
(h) An applicant for
renewal may not accrue continuing education contact hours for taking the same,
or substantively identical, course more than once during a licensing
period.
(i) An applicant for
renewal may not earn real estate continuing education contact hours for courses
taken before the applicant was originally licensed.
(j) An applicant for renewal who, at the time
the license is due to lapse, has been licensed
(1) more than 90 days more must complete 20
contact hours of continuing education consisting of the eight designated
contact hours in topics identified by the commission under (b)(1) of this
section;
(2) 90 days or less is not
required to meet continuing education requirements.
(k) Repealed 7/16/94.
(l) Repealed 7/16/94.
(m) For the purposes of this section and
AS
08.88.091
(1) one contact hour equals a minimum of 50
minutes of instruction;
(2) one
academic semester credit hour equals 15 contact hours;
(3) one academic quarter credit hour equals
10 contact hours.
(n)
Notwithstanding the provisions of
12 AAC 64.420 -
12 AAC 64.450, a licensee who has
taken a course offered outside of this state that is required to earn a
professional designation by a nationally recognized real estate education
provider during a licensing period that has not otherwise been certified under
12 AAC 64.410 and
12 AAC 64.420 may apply to the
commission under this subsection for continuing education credit under this
section for the licensee's attendance at that course. To be considered for
approval by the commission , the licensee must submit to the department not
later than November 30 of odd numbered years
(1) a form provided by the
department;
(2) materials promoting
or describing the class and designation;
(3) evidence that the real estate education
provider is nationally recognized; and
(4) a certificate of completion, including
the date of attendance, as proof of attendance.
Notes
Authority: AS 08.88.081
AS 08.88.091
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