NEW Ethics and Business Practices Requirement: FREC Amends Continuing Education Requirements

 
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It is possible that the REALTOR Code of Ethics course would satisfy both NAR and FREC requirements.  GACAR now offers FREC mandated Ethics and Business Practices CE Course that meets the NAR Code of Ethics requirement.  Check for upcoming classes.

The 14-hour requirement to renew a Florida real estate license is still in place, but the mandatory courses will change for any real estate licensee who needs to renew their license after March 31, 2018.

This rule does impact real estate licensees who must renew by September 30, 2018. According to the new rules, a three-hour Ethics and Business Practices course becomes mandatory as part of the renewal package, and Florida real estate licensees who do not complete that course before the September 30, 2018, deadline, will not be able to renew their real estate license.

Under the continuing education 14-hour requirement, a real estate license renewal after March 31, 2018 must include:
3-hour Core Law course
3-hour Ethics and Business Practices course
8-hours of Specialty course

The change does not impact post-education requirements that apply to renewal of an initial license

Florida licenses renewal and NAR Code of Ethics

The National Association of REALTORS (NAR) requires members to complete Code of Ethics once in every two year cycle.  The current NAR cycle runs January 1, 2017 to December 31, 2018.  GACAR now offers FREC mandated Ethics and Business Practices CE Course that meets the NAR Code of Ethics requirement.  Check for upcoming classes.

"If the Code of Ethics course that Realtors complete to meet their biennial NAR ethics requirement is taken during the licensee's renewal cycle and approved by FREC as a 3-hour Ethics and Business Practices course, this one course should satisfy both NAR and the new continuing education component requirement," says Meredith Caruso, Florida Realtors manager of member legal communications.

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