2015 will be less burdensome on Real Estate Brokers and Agents from a Continual Education reporting standpoint.
Real Estate Rama Reports the significant changes that will affect RE Brokers and Agents.
Beginning January 1, 2015, continuing education courses will no longer require preapproval by LARA and schools will not be required to report the hours as a condition of renewal of a real estate broker or sales-person license. Licensees will continue to be required to complete at least 18 clock hours of continuing education per 3-year license cycle, with 2 hours per calendar year involving law, rules, and court cases regarding real estate.
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For a detailed review of all of the impacts of Senate Bill 641, you can check out the House Fiscal Agency’s Legislative Analysis here
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