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(a) Except as provided in (f) and (g) of this section, only real estate education courses certified by the commission, or the commission's designee, meet the requirements of AS 08.88.091 and 08.88.095. To be certified, a course must meet the following minimum requirements:
(1) the course must add to the practical knowledge required to perform the duties of a real estate practitioner in areas identified in 12 AAC 64.063, 12 AAC 64.064, and 12 AAC 64.500;
(2) the course content must be applicable to all areas of the state, but may also include consideration of unique local circumstances;
(3) repealed 6/28/97;
(4) the course must be taught by an instructor approved by the commission to teach that course topic;
(5) a guest instructor who is not approved may be used to present a specialized portion of a course if an approved instructor for the course topic is also present;
(6) students must be required to adhere to a strict attendance policy in order to receive credit for the course;
(7) students must complete a course and instructor evaluation on a form required by the commission; the commission will provide a master copy of the form to each course sponsor;
(8) a certificate of completion shall be given to each student who attends and participates in the course and completes the evaluation, showing the
(A) name of student;
(B) city where course was held;
(C) course title and course approval number;
(D) date the course was delivered;
(E) number of contact hours awarded;
(F) signature of the course instructor or sponsor; and
(G) name of the course instructor.
(b) A transcript from a college or university registrar may substitute for the certificate of completion required in (a)(8) of this section.
(c) Regardless of the number of courses taken in a single day, a student may not receive credit for more than
(1) 10 hours of instruction per day to meet the continuing education requirements of AS 08.88.091 and 12 AAC 64.500; or
(2) seven hours of instruction per day to meet the education requirements of AS 08.88.095 and 12 AAC 64.064.
(d) The commission will maintain a list, updated quarterly, of approved courses that are open to any licensee. The commission will make the list available at the division's office in Anchorage, in the commission newsletter, through a publicly accessible electronic medium, and by other appropriate methods.
(e) A course outline submitted to the commission in compliance with 12 AAC 64.420(a) (3)(D) is the property of the author or course sponsor.
(f) Courses developed by a national organization that issues professional designations in specific areas of licensed real estate practice, and that are required to earn or maintain a nationally recognized professional designation, will be recognized for credit if
(1) the course is taught by an instructor certified by the national organization to deliver the course; and
(2) the national organization provides
(A) a list of the designations offered and the courses required for each designation to the commission annually; and
(B) a certificate of successful course completion.
(g) Courses in the subject areas identified in 12 AAC 64.500 offered by an accredited college or university will be recognized for credit. To determine the number of credit hours to be granted, the licensee must
(1) submit a syllabus of the course; and
(2) arrange for and ensure the submission of an official transcript directly from the college or university where the course was offered.
(h) for a course recognized under (f) or (g) of this section,
(1) a course approval fee will not be charged; and
(2) credit will be recognized equal to the number of hours of actual class time, excluding examinations, up to a maximum of 12 hours per course.
History: Eff. 10/8/90, Register 116; am 3/6/91, Register 117; am 7/16/94, Register 131; am 9/15/94, Register 131; am 6/28/97, Register 142; am 5/28/98, Register 146; am 2/12/99, Register 149; am 1/1/2006, Register 176
Authority: AS 08.88.061
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Last modified 7/05/2006