Section 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;(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;(15) listing responsibilities;(19) property disclosure and inspections;(20) residential property management;(22) real estate brokerage management;(23) real estate investment analysis;(24) real estate property law;(25) real estate license law;(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;(34) Alaska landlord tenant law;(35) customer client service;(36) commercial property management;(37) tax law and exchanges;(38) broker disclosure responsibility;(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;(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.(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.Eff. 10/8/90, Register 116; am 3/6/91, Register 117; am 7/16/94, Register 131; am 6/28/97, Register 142; am 2/12/99, Register 149; am 11/1/2003, Register 168; am 8/31/2006, Register 179; am 11/18/2006, Register 180; am 6/22/2008, Register 186; am 1/9/2014, Register 209, April 2014; am 5/24/2023, Register 246, July 2023Authority:AS 08.88.081
AS 08.88.091