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(a) To apply for commission certification of a real estate course, a course sponsor shall submit
(1) a completed application on a form provided by the department;
(2) the fees required in 12 AAC 02.360;
(3) the following information:
(A) title of course;
(B) the number of contact hours requested;
(C) the name of the sponsor and designated contact person;
(D) a detailed course outline that identifies the course content and objectives and includes text materials, sample handouts, and a sample examination, if any;
(E) a copy of the attendance policy and a description of the procedures used for keeping a record of attendance;
(F) provisions for offering the course by correspondence, if any; and
(G) the policy for allowing a student to make up missed class time, if any.
(b) A completed application for course certification or biennial recertification must be filed 45 days before the first offering date of the course. A course may not be advertised as being certified under this chapter until the applicant has received written certification from the commission.
(c) A course certified by the commission may be offered for credit from the date the commission certifies the course until January 31 of the next even-numbered year. The commission will provide course sponsors with applications for course recertification by October 15 of odd-numbered years.
(d) Repealed 6/28/97.
(e) Any change in the content or materials used in a certified course may be implemented immediately if it is based on a United States Supreme Court or Alaska Supreme Court decision or a change in the policy of a financial institution or government agency that has been documented by a public memorandum or press release from that institution or agency and that has a specific effective date. A change made under this subsection related to a change in the policy of a financial institution or government agency must be reported to the commission within 15 days after receipt of the public memorandum or press release. Any substantive change other than one described in this section must be submitted as an amendment to an approved course outline according to the schedule set out in (b) of this section.
(f) A course certified by the commission, or the commission's designee, under this section to meet the education requirements of AS 08.88.095 and 12 AAC 64.064 is also certified to meet the continuing education requirements of 12 AAC 64.500 in the approved subject areas.
History: Eff. 10/8/90, Register 116; am 7/16/94, Register 131; am 9/15/94, Register 131; am 2/11/95, Register 133; am 6/28/97, Register 142; am 2/12/99, Register 149; am 1/1/2006, Register 176
Authority: AS 08.88.081
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Last modified 7/05/2006