After successfully completing this topic, you will be able to
• state when the continuing education requirement begins for a licensee’s renewal,
• list the three parts of the 14-hour continuing education course,
• state which licensees are exempt from the continuing education requirement, and
• state when a continuing education course exam is required.
After the first renewal, a licensee must complete a FREC-approved 14-hour continuing education course every two years before renewing the license. The course includes three hours of core law, three hours of business ethics, and 8 hours of “specialty” education on various real estate subjects. A licensee can take the 3-hour core law in each year of the renewal period to obtain six hours credit toward the 14-hour requirement.
Figure 2.2 To Remember—Exemptions from Renewal Education Requirements
|Category||Post-License Course||Continuing Education||Renewal Fee|
|Members of Florida Bar||Must Complete||Exempt||Must Pay|
|4-year or higher Graduates with Real Estate Degree||Exempt||Must Complete||Must Pay|
|Active Military + spouse – up to 2 years after discharge, NOT practicing real estate||Exempt||Exempt||Exempt|
|Active Military + spouse – up to 2 years after discharge ACTIVE in real estate||Must Complete||Must Complete||Exempt|
Licensees can complete the 14-hour requirement in the classroom or in a Commission-approved seminar with no examination. If the licensee completes the course by correspondence or by distance education, the licensee must pass a 30-question examination, getting at least 24 correct.