Hawaii Administrative Rules › Title 16 - DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS › Chapter 99 - REAL ESTATE BROKERS AND SALESPERSONS › Subchapter 5 - REGISTERED REAL ESTATE SCHOOLS › Section 16-99-53 - Application for registration

Current through June, 2024
(a) A registration
				shall be granted to the owner for a specific school registered under a
				particular name to teach specific real estate courses.
(b) Application for the initial registration
				of a school shall be made to the commission not less than ninety days before
				the opening date of the school.
(c)
				The following shall accompany an application:
(1) Current certificates of clearance from
				the county building department, the county fire department, and the state
				department of health for each classroom;
(2) A description of the courses to be
				offered which contains the course title, curriculum, curriculum objectives in
				student performance terms, evaluative procedure to be used to demonstrate the
				accomplishment of the curriculum objectives and procedures for student
				evaluation of the instructor;
(3) A
				copy of the student enrollment or student registration form;
(4) A copy of the school catalogue or
				brochures and a statement of the content of advertising and the media to be
				used;
(5) A schedule of all fees,
				tuition, and charges to be made, including the advance deposit charged per
				student and statement of refund procedures;
(6) The name and qualifications of the
				school's principal;
(7) The names
				of the school's instructors and the instructors' teaching qualifications and
				experience;
(8) A surety bond to
				the commission conditioned for the protection of the contractual rights of real
				estate students in an amount equal to the sum of:
(A) The maximum number of students permitted
				in each broker classroom as determined by the county building department
				multiplied by the advance deposit charged per student for the broker course
				multiplied by the maximum number of broker courses to be held at any one time
				during the first year of the school's registration; and
(B) The maximum number of students permitted
				in each salesperson classroom as determined by the county building department
				multiplied by the advance deposit charged per student for the salesperson
				course multiplied by the maximum number of salesperson courses to be held at
				any one time during the first year of the school's registration. In no event
				shall the amount of the bond be less than $2,000. The bond shall be issued by a
				surety authorized to do business in the State. An accredited college or
				university shall not be required to submit to the commission a surety bond or
				license fee as required by this section;
(C) No bond shall be required to cover real
				estate students only enrolled in an independent study course delivered
				electronically or as approved by the commission;
(9) A license fee;
(10) A statement of ethical
				practices;
(11) If the applicant is
				a partnership, the names of the partners in the entity and a copy of the
				partnership agreement;
(12) If the
				applicant is a corporation, the names of any persons who own five per cent or
				more of the stock of the entity, and a copy of the articles of incorporation;
				and
(13) Other additional
				information as may be required by the commission.