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NOTICE: Rule B-2 has been modified effective April 17, 2008. For all licenses that expire on or after April 17, 2008, the licensee is required to complete 12 hours (4 hrs per year) of the Mandatory Update Course in addition to 12 hours of elective education within the licensees new three-year renewal cycle. All other provisions written below remain applicable.
The following is Rule B-2 set forth by the Colorado Real Estate Commission regarding licensee requirements for continuing education:
Licensed brokers must satisfy the continuing education requirement before applying to renew an active license, to activate an inactive license or to reinstate an expired license to active status. Licensed brokers may satisfy the entire continuing education requirement through one of the following options:
(a) Completing the eight hours required by C.R.S. 12-61-110.5 (1) (c) and (2) required by this rule in annual 4-hour increments developed by the Commission and called the “Annual Commission Update” course. Licensees choosing this option must complete an additional 16 hours of elective credit hours to meet the 24-hour total continuing education requirement during the license period in subject areas listed in C.R.S. 12-61-110.5 (3).
(b) Beginning April 1, 2006 each licensee must take the 4-hour Annual Commission Update course twice during each license period. A licensee may not take the same version of the Annual Update Course more than once during each license period. If the Annual Commission Update course is taken three times during a license period, the licensee will receive elective credit hours for the third course.
(c) Completing the Commission-approved 24-hour "Broker Transition" course. (This option is permitted once to each licensee in lieu of the requirements of rule B-2 (a)).
(d) Completing the Commission-approved 24-hour "Brokerage Administration" course. (This option is permitted once to each licensee in lieu of the requirements of rule B-2 (a)).
(e) By passing the Colorado portion (state part) of the licensing exam.
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