Section 876 IAC 4-2-1 - Continuing education requirementsAuthority: IC 25-34.1-9-21
Affected: IC 25-34.1-3-10; IC 25-34.1-9-11; IC 25-34.1-9-19
Sec. 1.
(a) Every licensed real estate broker and salesperson who has not been granted: (1) an inactive license under IC 25-34.1-3-10; or(2) a waiver under IC 25-34.1-9-19; must complete during each two (2) year licensure period at least sixteen (16) hours of the approved education requirements under IC 25-34.1-9-11 and this article that are given by commission-approved sponsors of courses in order to qualify for license renewal.
(b) Licensees attending continuing education courses shall present a: (1) government-issued photo identification; and(2) real estate broker or salesperson pocket card; for inspection by the course sponsor or a person designated by the course sponsor.
(c) Measurements and reporting shall be in full hours with a fifty (50) minute instruction period equaling one (1) hour.(d) A course shall be a minimum of a two (2) hour instruction period.(e) A minimum of two (2) hours and not more than eight (8) hours of instruction may be offered in a one (1) day course. However, instruction for an approved distance learning continuing education program may be more than eight (8) hours of instruction in a one (1) day course.(f) A licensee shall not be entitled to any continuing education credit for a course unless the licensee completes the entire course.(g) There shall be no minimum requirement of numbers of credit hours to be completed in each single year of the two (2) year licensure period.(h) Any continuing education credit accumulated above the minimum requirement for a two (2) year licensure period shall not be carried forward to the next two (2) year licensure period.(i) A licensee who attends the same approved continuing education course more than once in the same two (2) year licensure period is only entitled to continuing education credit for one (1) course.(j) An instructor shall be entitled to continuing education credit for courses the instructor teaches. However, an instructor may not: (1) be credited for more than six (6) hours of credit for instructing in any two (2) year licensure period; or(2) receive credit for repeated courses.Indiana Real Estate Commission; 876 IAC 4-2-1; filed Dec 1, 1993, 10:30 a.m.: 17 IR 767; readopted filed Jun 29, 2001, 9:56 a.m.: 24 IR 3824; filed Aug 15, 2001, 9:50 a.m.: 25 IR 103; filed Mar 2, 2006, 4:10 p.m.: 29 IR 2198, errata filed Mar 7, 2006, 9:50 a.m.: 29 IR 2203; readopted filed Jul 19, 2007, 12:57 p.m.: 20070808-IR-876070067RFA; readopted filed November 25, 2013, 9:21 a.m.: 20131225-IR-876130283RFA