DEPARTMENT OF REGULATORY AGENCIES



DEPARTMENT OF REGULATORY AGENCIES

DIVISION OF REAL ESTATE

REAL ESTATE BROKERS

4 CCR 725-1

PERMANENT RULE

CONTINUING EDUCATION

Pursuant to and in compliance with Title 12, Article 61 and Title 24, Article 4, C.R.S. as amended, notice of proposed rulemaking is hereby given, including notice to the Attorney General of the State of Colorado, and to all persons who have requested to be advised of the intention of the Director of the Colorado Division of Real Estate to promulgate rules.

Section 1. Authority

Section 2. Scope and Purpose

Section 3. Applicability

Section 4. B. Continuing Education

Section 5. Effective Date

Section 1. Authority

The statutory basis for this rule, entitled Continuing Education, is § 12-61-110.5, C.R.S.

Section 2. Scope and Purpose

Pursuant to §12-61-110.5, C.R.S. commencing January 1, 1992, except as otherwise provided in §12-61-110.5 (4), C.R.S. a real estate broker applying for renewal of a license pursuant to §12-61-110 (4), C.R.S. shall include with such application a certified statement verifying successful completion of their continuing education requirements. A real estate broker must complete 24 credit hours of continuing education coursework prior to applying to renew an active license, to activate an inactive license or to reinstate an expired license to active status.

This regulation is to establish guidelines that outline the need and basis for continuing education course approval. This regulation will allow the Colorado Real Estate Commission to approve continuing education courses designed for real estate brokers. The goal is to develop a continuing education course approval process that will result in comprehensive and relevant educational curriculums for real estate brokers. The continuing education course approval process will also allow the Colorado Real Estate Commission to level the playing field for the real estate industry, protect consumers and provide meaningful education to Colorado real estate brokers.

Section 3. Applicability

The provisions of this section shall be applicable to educational institutions, educational services and educational providers.

Section 4. B. Continuing Education

B-6 Repeal (b) Courses developed and offered by national, state and local Realtor® associations.

B-6 Adopt (b) Courses developed and offered by quasi-governmental agencies or national, state and local Realtor® associations.

B-6 Repeal (e) Courses offered by employing brokers to their employed brokers.

B-6 Repeal (f) Courses offered by providers exempt under the provisions of 12-59-104, C.R.S.

B-7 Adopt (e) Courses offered by employing brokers to their employed brokers.

Adopt (f) Courses offered by providers exempt under the provisions of 12-59-104, C.R.S.

Section 5. Effective Date

This permanent rule shall be effective July 30, 2008

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