Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
039 - REAL ESTATE COMMISSION
Chapter 360 - PREREQUISITES TO LICENSURE BY INDIVIDUALS
Section 039-360-2 - Definitions
Current through 2024-38, September 18, 2024
1. Qualifying Educational Program
"Qualifying educational program" means a program or course of study which meets one or more of the minimum competencies defined in the Commission-approved models entitled "The Sales Agent Course," "The Associate Broker Course" or "The Designated Broker Course." These courses shall be sponsored by a degree-granting institution, a proprietary school or a public school adult education program that follows the Commission-established procedure for approval.
2. Program Sponsor
A program sponsor shall be defined as that individual, group of individuals, or organization responsible for the development, coordination, administration and delivery of a course or program.
3. Satisfactory Completion
Satisfactory completion of a course or program shall mean having met all minimum requirements established by the sponsor for the course or program and having achieved a grade of at least 75%.