Did you know that The Colorado Real Estate Commission has updated Commission Rule B-2 Methods of Completing Continuing Education? We have put the entire rule below for reference, but in essence the new rules affect all active, expired and inactive licensees. The CREC has also changed compliance options for those who do not take the CREC Annual Commission Update course each calendar year.
While past avenues for completion of CE like the Brokerage Administration and Broker Transition courses are removed as options, the DRE did create a new Broker Reactivation course. This course is mainly designed for licenses that have been on inactive or expired status for less than 3 years and who wish to activate their license, the new course will also meet the 24 hours of CE requirement if taken once in every other license cycle.
For licenses that have been inactive or expired for more than 3 years and who want to active their brokers license, they will now be required to complete the 72 hours of pre-license coursework. Both of these programs are available online with VanEd.
VanEd will also track the CE hours of our students online inside your student account. Click on the License Renewal Tracker to see if you have met the current CE requirements.
The rule is below, but for those looking for a slightly easier explanation, you can view Colorado Continuing Education and license renewal information online at http://vaned.com/Renew.
B-2 Methods of Completing 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 twelve 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 12 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) A licensee may not take the same version of the Annual Update Course more than once. If a licensed broker takes more than 12 hours of the Annual Commission Update course during a
license period, the licensee will receive elective credit hours for any additional hours.
(c) Completing the Commission-approved 24-hour “Broker Reactivation” course. This option is
available to licensees under the following conditions:
- This option is permitted for active licensees in lieu of the requirements of Rule B-2(a), but shall not be repeated in consecutive license cycles.
- This option is permitted for licensees who have been inactive or expired for up to thirty-six (36) months, and who are unable to comply with education requirements listed in rule B-2(a).
(d) Passing the Colorado state portion of the licensing exam.
(e) Completing 72 total hours of pre-licensure education concerning the understanding and preparation of Colorado real estate contracts (48 hours) and real estate closings (24 hours). The
courses and course providers are required to comply with the requirements as described at § 12-61-103(4)(a), C.R.S.
(f) Any inactive or expired licensees who cannot meet the education requirements listed in B-2(a), B-2(c), or B-2(d) must comply with the education requirements found in B-2(e) before activation or reinstatement of the license.
My license has been expired for five years. Do I have to start over with both the classes and retake the test?
Posted by: Danielle R. | July 31, 2017 at 08:07 AM
Once you pass the 3-year reinstatement period you will want to make certain of the requirements by using our license finder tool online.
https://www.vaned.com/index.cfm/fa/PRE/fa2/licensefind
The answer will depend on both what type of license you held previously and when you first acquired your license. By answering the questions on the license finder tool you will be able to find and register for any required coursework or the exam prep courses.
Posted by: VanEd | August 02, 2017 at 10:02 AM