Arkansas Administrative Code › Agency 076 - Real Estate Commission › Rule 076.00.14-002 - Arkansas Real Estate Commission Regulation 11 - Continuing Education

Current through Register Vol. 49, No. 6, June, 2024
SECTION 11.
CONTINUING EDUCATION.
11.1
Requests for waiver or extension.
Each request for a waiver of the continuing education requirement
			 under A.C.A. §
									17-42-307(c)
			 or extension of time to complete post license education requirement, shall be
			 in writing and shall be supported by clear and convincing evidence. The
			 Commission shall acknowledge each such request and shall announce its decision
			 in writing. If the waiver or extension is granted, the Commission may impose
			 such terms and conditions as it deems appropriate.
11.2
Renewal of expired license.
Repealed (10/10/2014)
11.3
Approved courses and
		  instructors.
Only those courses and instructors which are approved by the
			 Commission or which are exempted from such approval by Section A.C.A. §
									17-42-503
			 shall be accepted by the Commission for continuing education credit.
11.4
No duplication of
		  pre-licensing and continuing education credit.
No educational courses or hours submitted as credit toward the
			 prelicensing education requirement shall be used as credit for the continuing
			 education requirements, and no educational courses or hours submitted for
			 credit toward the continuing education requirements shall be used or counted to
			 satisfy the pre-licensure educational requirements.
11.5
Post-license education
		  requirements
(a) Each salesperson and
		  broker will complete a post-license education course as provided
		  herein.
(b) Salespersons shall
		  complete an eighteen (18) classroom hour salesperson course.
(c) Brokers shall complete the thirty (30)
		  classroom hour broker course developed by the Commission.
(d) All post-license education courses shall
		  be conducted by either the Arkansas Real Estate Commission, a school or
		  organization licensed by the Commission, or post-secondary school accredited by
		  a nationally recognized accrediting agency approved by the U.S. Department of
		  Education wherever situated. All post-license education hours shall be
		  conducted by actual classroom attendance.
(e) The Arkansas Real Estate Commission will
		  establish the course content for the post-license education courses for new
		  salespersons and brokers.
(f) The
		  broker or salesperson shall deliver to the Commission the original certificate
		  of completion of the post-license education course, or a copy thereof, from an
		  approved provider, or other documentation satisfactory to the Commission. Said
		  documentation must be received by the Commission no later than the end of the
		  month one (1) year following the date of the broker's or salesperson's initial
		  license. If documentation of an individual's post-license education is not
		  received by the Commission within said time period, the license will be placed
		  on inactive status until the broker or salesperson files satisfactory
		  documentation of his completion of said post-license education
		  course.
(g) A broker who is
		  initially licensed in that capacity cannot become an executive broker or
		  principal broker until such broker has completed and filed satisfactory
		  documentation of his completion of the post-license broker education course.
		  However, the Commission my temporarily waive this requirement for a real estate
		  broker who has submitted proof of enrollment in an upcoming course acceptable
		  to the Commission.