Administrative Rules of Montana
Department 24 - LABOR AND INDUSTRY
Chapter 24.207 - BOARD OF REAL ESTATE APPRAISERS
Subchapter 24.207.5 - Licensing and Scope of Practice
Rule 24.207.504 - APPROVAL OF QUALIFYING AND CONTINUING EDUCATION COURSES
Current through Register Vol. 18, September 20, 2024
(1) Educational and training courses must receive prior approval by the board. Each course shall be approved for a three-year period only, and must be resubmitted, with all updated information required in (4), for reapproval at the end of the three-year period.
(2) Approved courses must meet the following standards:
(3) The following may be approved as providers of educational and training courses provided the standards set forth in (2) are met:
(4) To apply for approval, a course provider must make application in the manner prescribed by the board and pay the proper fee 30 days prior to offering the course. The application shall include, but not be limited to:
(5) The board shall have the authority to deny or revoke its approval of a previously approved course or course provider for cause.
(6) An applicant must attend 100 percent of the scheduled class hours, complete all required exercises, and achieve a passing score on a proctored course examination in order to receive credit for a qualifying education course.
(7) It is the applicant's responsibility to verify that a particular course or other program for which credit is claimed has been accepted by the board.
(8) A classroom hour is defined as 50 minutes out of each 60-minute segment.
(9) Credit toward the classroom hour requirement may only be granted for qualifying education if the length of the educational offering is at least 15 hours and the individual successfully completes an examination pertinent to that educational offering.
(10) The board approves the following educational settings:
(11) Distance education courses may be approved if the board determines that:
(12) Distance education (online) may total 100 percent of qualifying education requirements for each level of licensure.
(13) Credit toward qualifying education requirements may be obtained via the completion of a degree program in real estate from an accredited degree-granting college or university, provided the college or university has had its curriculum reviewed and approved by the AQB.
(14) Aside from complying with the requirements to complete the seven-hour national USPAP update course or its AQB-approved equivalent, trainees and appraisers may not receive credit for completion of the same continuing education course offering within a trainee's or an appraiser's continuing education cycle.
AUTH: 37-1-131, 37-1-319, 37-54-105, MCA IMP: 37-1-131, 37-1-306, 37-54-105, 37-54-202, MCA