Authority: 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.
