21 NCAC 58E .0102. UPDATE COURSE COMPONENT

(a)  To renew a license on active status, a real estate broker shall complete, within one year preceding license expiration and in addition to satisfying the continuing education elective requirement described in Rule.0302 of this Subchapter, a Commission-developed "General Update Course" described in Paragraph (b) of this Rule consisting of four classroom hours of instruction.  A broker-in-charge or broker who is broker-in-charge eligible who desires to retain his or her broker-in-charge status or eligibility shall complete in lieu of the "General Update Course" a Commission-developed "Broker-In-Charge Update Course" consisting of four classroom hours of instruction, described in Paragraph (b) of this Rule and prescribed in Rule 58A .0110.

(b)  The Commission shall develop annually a General Update Course and a Broker-In-Charge Update Course that shall be conducted by sponsors approved by the Commission under this Subchapter.  The subject matter of these courses shall be determined by the Commission, and shall include instruction on the duties and responsibilities required of brokers by the License Law and Commission rules as well as current trends, standards, or changes affecting the real estate brokerage practice. The Broker-in-Charge Update Course shall also include instruction on the duties and responsibilities required of brokers-in-charge by the License Law and Commission rules.  The Commission shall produce instructor and student materials for use by course sponsors, and shall prepare completely new courses for each one-year period beginning July 1 and ending the next June 30.  Sponsors shall acquire the Commission-developed course materials and utilize the materials to conduct the update courses.  The courses shall be conducted as prescribed by the rules in this Subchapter and the course materials developed by the Commission.  All course materials developed by the Commission for use in an update course and that are subject to the protection of federal copyright laws are the property of the Commission.  Violation of the Commission's copyright with regard to these materials shall be grounds for disciplinary action.  Sponsors shall provide brokers participating in their classes a copy of the student materials developed by the Commission.  With advance approval from the Commission, course sponsors and instructors may make modifications to the update course when the update course is being promoted to and conducted for a group of brokers that specialize in a particular area of real estate brokerage, provided that the modifications relate to the same general subject matter addressed in the prescribed update course and the course as modified achieves the same educational objectives as the unmodified course.

(c)  Approved sponsors shall conduct update courses using an instructor who has been approved by the Commission as an update course instructor under Section .0200 of this Subchapter.  The sponsor may conduct the update course at any location as frequently as is desired during the approval period; however, no courses may be conducted between June 11 and June 30 of any approval period.

 

History Note:        Authority G.S. 93A-3(c); 93A-4.1;

Eff. July 1, 1994;

Amended Eff. July 1, 2014; April 1, 2006; July 1, 2000.