KRS 324.085: Continuing education requirements -- Post-licensure education

requirements -- Qualifications of instructors -- Administrative regulations.

(1) (a) All actively licensed agents, except those licensees exempt under KRS

324.046(5) and thos e licensees satisfying the educational requirement in

subsection (2) of this section, shall successfully complete twelve (12)

classroom or online hours of continuing education for the biennial license

period. Six (6) of the twelve (12) hours shall be compl eted in the first year of

the biennial license period or the license shall be automatically cancelled.

(b) Six (6) of the twelve (12) hours of continuing education shall be in real estate

law.

(c) A licensee may accumulate additional continuing education h ours for the

biennial period in the first year of the biennial term.

(d) Six (6) of the twelve (12) hours of continuing education may be in real estate -

related courses approved by the commission and other boards pursuant to

KRS Chapters 324A and 330 and KRS 198B.700 to 198B.738.

(2) A licensee who is issued an initial sales associate license after January 1, 2016,

shall complete forty -eight (48) classroom or online hours of commission -approved

post-license education:

(a) Provided by one (1) or a combination of the following:

1. An accredited institution; or

2. A commission-approved:

a. Real estate school; or

b. Broker-affiliated training program; and

(b) Within two (2) years of receiving or activating his or her license unless

extended by the commission for good cause shown.

(3) The license held by any licensee failing to complete his or her sales associate post -

license education requirements in accordance with subsection (2) of this section

shall be automatically canceled, in accordance with administrative regulations

establishing compliance and delinquency procedures.

(4) The commission shall promulgate administrative regulations to establish procedures

for implementing the requirements in this section.

(5) In order to qualify to teach continuing education or post -license courses, all

continuing education and post -license instructors shall maintain a minimum rating

as prescribed by the commission by the promulgation of administrative regulations.

(6) (a) A licensee who has initiated continuing education courses prior to the date

established through an administrative regulation promulgated by the

commission in accordance with KRS Chapter 13A shall have five (5) days

after the established date to complete them.

(b) The commission may not cancel a license for failure to complete continuing

education courses until ten (10) days after the date established by the

commission.