11.1
Requests for waiver or extension.
Each request for a waiver of the continuing education requirement
under A.C.A. §
17-42-307(c)
or extension of time to complete post license education requirement, shall be
in writing and shall be supported by clear and convincing evidence. The
Commission shall acknowledge each such request and shall announce its decision
in writing. If the waiver or extension is granted, the Commission may impose
such terms and conditions as it deems appropriate.
11.3
Approved courses and
instructors.
Only those courses and instructors which are approved by the
Commission or which are exempted from such approval by Section A.C.A. §
17-42-503
shall be accepted by the Commission for continuing education credit.
11.4
No duplication of
pre-licensing and continuing education credit.
No educational courses or hours submitted as credit toward the
prelicensing education requirement shall be used as credit for the continuing
education requirements, and no educational courses or hours submitted for
credit toward the continuing education requirements shall be used or counted to
satisfy the pre-licensure educational requirements.
11.5
Post-license education
requirements(a) Each salesperson and
broker will complete a post-license education course as provided
herein.
(b) Salespersons shall
complete an eighteen (18) classroom hour salesperson course.
(c) Brokers shall complete the thirty (30)
classroom hour broker course developed by the Commission.
(d) All post-license education courses shall
be conducted by either the Arkansas Real Estate Commission, a school or
organization licensed by the Commission, or post-secondary school accredited by
a nationally recognized accrediting agency approved by the U.S. Department of
Education wherever situated. All post-license education hours shall be
conducted by actual classroom attendance.
(e) The Arkansas Real Estate Commission will
establish the course content for the post-license education courses for new
salespersons and brokers.
(f) The
broker or salesperson shall deliver to the Commission the original certificate
of completion of the post-license education course, or a copy thereof, from an
approved provider, or other documentation satisfactory to the Commission. Said
documentation must be received by the Commission no later than the end of the
month one (1) year following the date of the broker's or salesperson's initial
license. If documentation of an individual's post-license education is not
received by the Commission within said time period, the license will be placed
on inactive status until the broker or salesperson files satisfactory
documentation of his completion of said post-license education
course.
(g) A broker who is
initially licensed in that capacity cannot become an executive broker or
principal broker until such broker has completed and filed satisfactory
documentation of his completion of the post-license broker education course.
However, the Commission my temporarily waive this requirement for a real estate
broker who has submitted proof of enrollment in an upcoming course acceptable
to the Commission.
