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324.085
Continuing education requirements -- Post-licensure education
requirements -- Qualifications of instructors -- Administrative regulations.
(1)
(2)
(3)
(4)
(5)
All actively licensed agents except those licensees exempt under KRS
324.046(5), shall successfully complete six (6) classroom or online hours of
continuing education each year. Three (3) of the six (6) hours shall be in real
estate law.
A licensee who is issued an initial sales associate license after January 1,
2016, shall complete forty-eight (48) classroom or online hours of
commission-approved post-license education:
(a) Provided by one (1) or a combination of the following:
1.
An accredited institution; or
2.
A commission-approved:
a.
Real estate school; or
b.
Broker-affiliated training program; and
(b) Within two (2) years of receiving or activating his or her license unless
extended by the commission for good cause shown.
The license held by any licensee failing to complete his or her sales associate
post-license education requirements in accordance with subsection (2) of this
section shall be automatically canceled, in accordance with administrative
regulations establishing compliance and delinquency procedures.
The commission shall promulgate administrative regulations to establish
procedures for implementing the requirements in this section.
In order to qualify to teach continuing education or post-license courses, all
continuing education and post-license instructors shall maintain a minimum
rating as prescribed by the commission by the promulgation of administrative
regulations.
Effective:January 1, 2016
History: Amended 2015 Ky. Acts ch. 97, sec. 2, effective January 1, 2016. -Created 2000 Ky. Acts ch. 488, sec. 1, effective July 14, 2000.
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