Kentucky Statutes 324.085 – Continuing education requirements — Post-licensure education requirements — Qualifications of instructors — Administrative regulations
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(1) (a) All actively licensed agents, except those licensees exempt under KRS
324.046(5) and those licensees satisfying the educational requirement in subsection (2) of this section, shall successfully complete twelve (12) classroom or online hours of continuing education for the biennial license period. Six (6) of the twelve (12) hours shall be completed in the first year of the biennial license period or the license shall be automatically cancelled.
(b) Six (6) of the twelve (12) hours of continuing education shall be in real estate law.
(c) A licensee may accumulate additional continuing education hours for the biennial period in the first year of the biennial term.
(d) Six (6) of the twelve (12) hours of continuing education may be in real estate- related courses approved by the commission and other real property boards pursuant to KRS Chapters 324A and 330 and KRS § 198B.700 to KRS § 198B.738.
(2) A licensee who is issued an initial sales associate license after January 1, 2016, shall complete forty-eight (48) classroom or online hours of commission-approved post- license education:
(a) Provided by one (1) or a combination of the following:
1. An accredited institution; or
2. A commission-approved:
a. Real estate school; or
b. Broker-affiliated training program; and
(b) Within two (2) years of receiving or activating his or her license unless extended by the commission for good cause shown.
(3) The license held by any licensee failing to complete his or her sales associate post- license education requirements in accordance with subsection (2) of this section shall be automatically canceled, in accordance with administrative regulations establishing compliance and delinquency procedures.
(4) The commission shall promulgate administrative regulations to establish procedures for implementing the requirements in this section.
(5) In order to qualify to teach continuing education or post-license courses, all continuing education and post-license instructors shall maintain a minimum rating as prescribed by the commission by the promulgation of administrative regulations.
Effective: January 1, 2020
History: Amended 2019 Ky. Acts ch. 135, sec. 1, effective January 1, 2020. — Amended 2015 Ky. Acts ch. 97, sec. 2, effective January 1, 2016. — Created 2000
Ky. Acts ch. 488, sec. 1, effective July 14, 2000.
324.046(5) and those licensees satisfying the educational requirement in subsection (2) of this section, shall successfully complete twelve (12) classroom or online hours of continuing education for the biennial license period. Six (6) of the twelve (12) hours shall be completed in the first year of the biennial license period or the license shall be automatically cancelled.
Terms Used In Kentucky Statutes 324.085
- Accredited institution: means a college or university accredited by appropriately recognized educational associations or chartered and licensed in Kentucky that grants credits toward a program for either an associate, baccalaureate, graduate, or professional degree. See Kentucky Statutes 324.010
- Canceled: means the status of a license when a licensee fails to renew a license, writes the commission a check for fees that is not honored, fails to re-affiliate with a principal broker, or fails to complete requirements for continuing or post-license education. See Kentucky Statutes 324.010
- Commission: means the Kentucky Real Estate Commission. See Kentucky Statutes 324.010
- Real estate: means real estate in its ordinary meaning and includes timeshares, options, leaseholds, and other interests less than leaseholds. See Kentucky Statutes 324.010
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Sales associate: means any person licensed in accordance with KRS §. See Kentucky Statutes 324.010
- Year: means calendar year. See Kentucky Statutes 446.010
(b) Six (6) of the twelve (12) hours of continuing education shall be in real estate law.
(c) A licensee may accumulate additional continuing education hours for the biennial period in the first year of the biennial term.
(d) Six (6) of the twelve (12) hours of continuing education may be in real estate- related courses approved by the commission and other real property boards pursuant to KRS Chapters 324A and 330 and KRS § 198B.700 to KRS § 198B.738.
(2) A licensee who is issued an initial sales associate license after January 1, 2016, shall complete forty-eight (48) classroom or online hours of commission-approved post- license education:
(a) Provided by one (1) or a combination of the following:
1. An accredited institution; or
2. A commission-approved:
a. Real estate school; or
b. Broker-affiliated training program; and
(b) Within two (2) years of receiving or activating his or her license unless extended by the commission for good cause shown.
(3) The license held by any licensee failing to complete his or her sales associate post- license education requirements in accordance with subsection (2) of this section shall be automatically canceled, in accordance with administrative regulations establishing compliance and delinquency procedures.
(4) The commission shall promulgate administrative regulations to establish procedures for implementing the requirements in this section.
(5) In order to qualify to teach continuing education or post-license courses, all continuing education and post-license instructors shall maintain a minimum rating as prescribed by the commission by the promulgation of administrative regulations.
Effective: January 1, 2020
History: Amended 2019 Ky. Acts ch. 135, sec. 1, effective January 1, 2020. — Amended 2015 Ky. Acts ch. 97, sec. 2, effective January 1, 2016. — Created 2000
Ky. Acts ch. 488, sec. 1, effective July 14, 2000.