WHEREAS by Rule 19(1) under the Real Estate Act, S.A. 1995, c. R-4.5 (the “Act”), the Real Estate Council of Alberta (the “Council”) may prescribe, adopt or approve
(a)educational requirements that must be met by an applicant for an authorization,
(b)the requirements for continuing education for industry members, including educational requirements that must be met prior to the issuance of a renewal of an authorization, and
(c)examinations for the purposes of Section 7.
THEREFORE BE IT RESOLVED THAT:
The Council hereby approves the policy for the continuing education requirements for the renewal of licences and registrations of real estate agents, designated representatives and salespersons, by inclusion of clause 10(b).
1.(a)In this Policy,
(i)”authorization” means any of the real estate authorizations referred to in Section 3 of the Rules;
(ii)”real estate practitioner” means a real estate agent, a real estate broker designated representative or a real estate salesperson;
(iii)”two-year period” means the period from October 1, 1995 to September 30, 1997 or any successive two-year period thereafter.
(b)Terms that are defined in the Real Estate Act and Rules have the same meaning when they are used in this Policy.
2.A real estate practitioner shall accumulate at least 18 credits in approved continuing education courses during the period from October 1, 1995 to September 30, 1997 and during each two-year period thereafter.
3.The Executive Director shall not issue a new authorization to a real estate practitioner who fails to satisfy the continuing education requirements of paragraph 2.
4.All continuing education courses which real estate practitioners are required to take to obtain new authorizations must be approved by the Executive Director for each two-year period in which the courses are offered.
5.To receive credit for a continuing education course, a real estate practitioner must successfully complete all the requirements for that course, including class attendance, class participation and passing grades on assignments and examinations.
6.One of the continuing education courses that a real estate practitioner must take to satisfy the requirements of paragraph 2 is an industry update seminar course approved by the Executive Director.
7.A real estate practitioner shall not receive credit for the same continuing education course more than once in any two-year period.
8.(a)If a real estate practitioner takes more than 18 credits in continuing education courses during any two-year period, the real estate practitioner may apply the excess credits to the education requirements of the following two-year period, up to a maximum of 6 credits.
(b)A real estate practitioner may apply the credits in approved continuing education courses taken in the period from October 1, 1994 to September 30, 1995 to the education requirements of the current two-year period.
9.The instructor of any continuing education course may use that course to satisfy part of the instructor’s own continuing education requirements of paragraph 2, but the instructor must have credit for a particular course only once in any two-year period no matter how many times the instructor teaches that course.
10.(a)A real estate practitioner who successfully completes the Real Estate 1000 course or the Real Estate Agents’ Licensing Program and obtains an authorization in the period from October 1, 1995 to September 30, 1997 is exempt from taking any continuing education courses before September 30, 1997.
(b)A real estate practitioner who succesfully completes the Real Estate 1000 course and obtains a salesperson’s authorization in any two year peirod following the two year period that ended September 30, 1997, is exempt from taking any continuing eductional courses during the two year period in question.
11.(a)when applying for a new authorization, a real estate practitioner must submit an affidavit attesting the real estate practitioner has successfully completed the continuing education requirements of paragraph 2.
(b)The Executive Director may request that the real estate practitioner submit proof in a form satisfactory to the Executive Director to demonstrate that the real estate practitioner has successfully completed the continuing education requirements of paragraph 2, and the real estate practitioner shall submit that proof within two weeks of the Executive Director’s request.
12.The Executive Director may issue a new authorization to a former real estate practitioner whose previous authorization was not renewed because the former real estate practitioner had failed to satisfy the continuing education requirements of paragraph 2, upon the following terms and conditions:
(a) the former real estate practitioner makes written application to the Executive Director;
(b) the former real estate practitioner pays the prescribed fee;
(c) the former real estate practitioner submits proof, in the appropriate form, that the former real estate practitioner has satisfied the continuing education requirements of paragraph 2; and
(d) any other terms and conditions that the Executive Director considers necessary.
13.The Executive Director may issue a new authorization to a former real estate practitioner who is still eligible for an authorization upon the following terms and conditions:
(a)the former real estate practitioner makes written application to the Executive Director;
(b)the former real estate practitioner pays the prescribed fee;
(c)the former real estate practitioner submits proof, in the appropriate form, that the former real estate practitioner has satisfied the continuing education requirements of paragraph 2; and
(d)any other terms and conditions that the Executive Director considers necessary.
14.The prescribed fee for a former real estate practitioner’s new authorization is $450.00.
DATED at Calgary, Alberta this 25th day of November 1997.
