54.1-2105.03 - Continuing education; relicensure of brokers and salespersons.
§ 54.1-2105.03. Continuing education; relicensure of brokers and salespersons.
A. Board regulations shall include educational requirements as a conditionfor relicensure of brokers and salespersons to whom active licenses have beenissued by the Board beyond those now specified by law as conditions forlicensure.
1. Brokers to whom active licenses have been issued by the Board shall berequired to satisfactorily complete courses of not less than 24 hours ofclassroom or correspondence or other distance learning instruction duringeach licensing term. Of the total 24 hours, the curriculum shall include:
a. A minimum of eight required hours to include at least three hours ofethics and standards of conduct, two hours of fair housing, and the remainingthree hours of legal updates and emerging trends, real estate agency, andreal estate contracts;
b. A minimum of eight hours of courses relating to supervision and managementof real estate agents and the management of real estate brokerage firms asare approved by the Board; and
c. Eight hours of general elective courses as are approved by the Board.
The fair housing requirements shall include an update on current cases andadministrative decisions under fair housing laws. If the licensee submits anotarized affidavit to the Board that certifies that he does not practiceresidential real estate and shall not do so during the licensing term,training in fair housing shall not be required; instead, such licensee shallreceive training in other applicable federal and state discrimination lawsand regulations. The Board shall approve a continuing education curriculum ofnot less than two hours, and as of July 1, 2007, every applicant forrelicensure as an active broker shall complete at a minimum one two-hourcontinuing education course on limited service agency prior to renewal orreinstatement of his license. If the licensee submits a notarized affidavitto the Board that certifies that he has taken a two-hour continuing educationcourse on limited service agency between July 1, 2006, and June 30, 2007,offered by a school approved by the Board, which, in the determination of theBoard, covered substantially the information in a continuing education courseapproved by the Board subsequent to July 1, 2007, the licensee may receivecredit for the two hours of continuing education. If the licensee submits anotarized affidavit to the Board that certifies that he does not practiceresidential real estate and shall not do so during the licensing term,training in limited service agency shall not be required. A licensee whotakes one two-hour continuing education class on limited service agency shallsatisfy the requirements for continuing education and may but shall not berequired to take any further continuing education on limited service agency.
2. Salespersons to whom active licenses have been issued by the Board shallbe required to satisfactorily complete courses of not less than 16 hours ofclassroom or correspondence or other distance learning instruction duringeach licensing term. Of the total 16 hours, the curriculum shall include:
a. A minimum of eight required hours to include at least three hours ofethics and standards of conduct, two hours of fair housing, and the remainingthree hours of legal updates and emerging trends, real estate agency, andreal estate contracts; and
b. Eight hours of general elective courses as are approved by the Board.
The fair housing requirements shall include an update on current cases andadministrative decisions under fair housing laws. If the licensee submits anotarized affidavit to the Board that certifies that he does not practiceresidential real estate and shall not do so during the licensing term,training in fair housing shall not be required; instead, such licensee shallreceive training in other applicable federal and state discrimination lawsand regulations.
The Board shall approve a continuing education curriculum of not less thantwo hours, and as of July 1, 2007, every applicant for relicensure as anactive salesperson shall complete at a minimum one two-hour continuingeducation course on limited service agency prior to renewal or reinstatementof his license. If the licensee submits a notarized affidavit to the Boardthat certifies that he has taken a two-hour continuing education course onlimited service agency between July 1, 2006, and June 30, 2007, offered by aschool approved by the Board, which, in the determination of the Board,covered substantially the information in a continuing education courseapproved by the Board subsequent to July 1, 2007, the licensee may receivecredit for the two hours of continuing education. If the licensee submits anotarized affidavit to the Board that certifies that he does not practiceresidential real estate and shall not do so during the licensing term,training in limited service agency shall not be required. A licensee whotakes one two-hour continuing education class on limited service agency shallsatisfy the requirements for continuing education and may but shall not berequired to take any further continuing education on limited service agency.
3. For correspondence and other distance learning instruction offered by anapproved provider, the Board shall establish the appropriate testingprocedures to verify completion of the course and require the licensee tofile a notarized affidavit certifying compliance with the courserequirements. The Board may establish procedures to ensure the quality of thecourses. The Board shall not require testing for continuing education coursescompleted through classroom instruction.
B. Every applicant for relicensure as an active salesperson or broker shallcomplete the continuing education requirements prior to each renewal orreinstatement of his license. The continuing education requirement shall alsoapply to inactive licensees who make application for an active license.Notwithstanding this requirement, military personnel called to active duty inthe armed forces of the United States may complete the required continuingeducation within six months of their release from active duty.
(2007, c. 809.)