21 NCAC 58E .0302. ELECTIVE COURSE COMPONENT

(a)  To renew a license on active status, a real estate broker must complete, within one year preceding license expiration and in addition to satisfying the continuing education mandatory update course requirement described in Rule .0102 of this Subchapter, four classroom hours of instruction in one or more Commission-approved elective courses.

(b)  Approval of an elective course includes approval of the sponsor and instructor(s) as well as the course itself.  Such approval authorizes the sponsor to conduct the approved course using the instructor(s) who have been found by the Commission to satisfy the instructor requirements set forth in Rule .0306 of this Section.  The sponsor may conduct the course at any location as frequently as is desired during the approval period, provided, however, the sponsor may not conduct any session of an approved course for real estate continuing education purposes between June 11 and June 30, inclusive, of any approval period.

(c)  The sponsor of an approved "distance education" elective course, as defined in Rule .0310 of this Subchapter, shall not permit students to register for any such course between June 11 and June 30, inclusive, of any approval period. The sponsor of any such distance education course shall require students registering for any such course to complete the course within 30 days of the date of registration for the course or the date the student is provided the course materials and permitted to begin work, whichever is the later date, provided that the deadline for course completion in any approval period shall not be later than June 10 of that approval period.  The sponsor shall advise all students registering for a distance education course, prior to accepting payment of any course fees, of the deadlines for course completion.

 

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

Eff. July 1, 1994;

Amended Eff. April 1, 2006; July 1, 2005; September 1, 2002; October 1, 2000; September 1, 1996.