Bulletin 2004 V35-1
After First Renewal, Broker Applicants Must Have
Completed CE before Filing
The
Commission rule governing continuing education requirements changed April 1 for
North Carolina-licensed salespersons who are applying for a broker license after having completed at
least one license renewal.
Under the revised
rule, annual continuing education must be completed for the year in which a
broker license application is made and prior to its filing.
The annual
continuing education requirement includes the mandatory four-hour Update course
plus one approved, four-hour elective.
If you complete
either CE course within 30 days of filing your broker license application,
submit copies of the CE course completion certificates with your application
since your CE record at the Commission may not yet reflect those credits.
An application is
considered “filed” when it is received by the Commission properly completed and
with all required enclosures.
CE courses must
have been taken during the license period in which the broker application is
filed. A carry-over elective course credit from the previous license period
will not count toward this requirement.
EXAMPLES
1. Licensed before July 1, 2003, completed
the Broker licensing course and filing your application before July 1, 2004.
--CE for 2003-04 year must be completed before filing.
2. Licensed before July 1, 2003, completed
the Broker licensing course and filing your application between July 1, 2004 and June 30, 2005.
--CE for 2004-05 year must be completed before filing.
3. Licensed on or after July 1, 2003, not yet renewed your salesperson license,
completed the Broker licensing course and filing your application before July
1, 2004.
--No CE required for the 2003-04 license year.