1. When will the continuing education requirement begin?
In order to qualify for license renewal on July 1, 2015, 12 credits of CE must be completed by June 30, 2015.
2. What are the CE requirements?
The Notice of Proposal and the Notice of Adoption must be read together to see the complete rules as finally adopted.
3. How many continuing education hours will be required to renew or reactivate a license?
Commencing on July 1, 2015, in order to qualify for renewal or to reinstate an inactive license after that date, every individual licensed as a broker, broker-salesperson or salesperson must complete 12 hours of CE.
4. Are there any mandatory course subjects?
At least six of the twelve credits must be obtained in courses within the “core topics,” specified at N.J.A.C. 11:5-12.4. The six shall include at least 2 credit hours on ethics. The remainder can be electives.
5. I’ve been a broker for over 25 years. Will I be grandfathered in and waived from CE?
No. The law does not include any provision for a waiver of the CE requirement based upon length of time in the business.
6. What do I do if I did not get all my CE hours by my license expiration date?
You will not be able to renew and your license will expire. You must then complete the CE requirements, complete the process for reinstatement and pay the necessary fees.
7. I just received my salesperson’s license. Do I need CE in this license period?
You do not need to take CE if you became licensed within the second year of the licensing term. See N.J.A.C. 11:5-12.3(a)(3).
8. Will I get credit for taking a broker prelicensure education course?
Yes, any person who completes a broker course within the two year license term is deemed to have fulfilled the CE requirement for the licensing term in which the broker’s course was completed. See N.J.A.C. 11:5-12.3(a)(2).
9. How do I report my CE?
CE hours will be reported by the provider of the course to the vendor maintaining the database of credits obtained by licensees. You should retain the proof of your completion of a course that is required to be supplied to you by the course provider in case any questions arise on your having completed the course and earned CE credit for having done so.
10. Where can I find a list of approved providers as well as a list of approved courses?
Upon the completion of the vendor’s website, these lists will be available via a link from the Commission’s website.
11. I have real estate licenses in more than one state. Will my CE credits from those states be transferable?
Yes, as long as those courses are approved for CE credit by the licensing authority in the other state, have been assigned a course approval number by the Commission, and are in an elective topic. See N.J.A.C. 11:5-12.13(b).
12. If I also have a New Jersey appraiser license or mortgage banker, broker or loan originator license, will the CE credits I earn toward those credentials apply towards my real estate CE credit requirements?
Yes, as long as a course is approved as a pre-licensure or continuing education course in this state in a profession related to real estate brokerage, and the provider has obtained an identification number from the Commission, you can earn elective course credit toward the real estate CE requirement. See N.J.A.C. 11:5-12.13(b).
13. Are all real estate licensees required to complete continuing education in order to renew/reactivate their licenses?
All salespersons, broker-salespersons and brokers are required to fulfill the required CE requirement in order to renew their license or reinstate an unrenewed license. Licensed referral agents are not required to complete CE. However, after July 1, 2013 they will be required to complete CE in order to change their license type to that of a salesperson or broker-salesperson or individual broker.
14. What is a Referral Agent License?
The amended law created the new license category of referral agent. Referral agents are not required to complete continuing education courses but, upon initial licensure and renewal, their brokers are required to review with them the restrictions imposed by law upon the brokerage activities of referral agents and to certify to the Commission that they have done so.
More information about Referral Agents
15. Must an approved CE instructor teaching approved CE courses complete the required number of hours of continuing education?
If an instructor has an active salesperson, broker-salesperson or broker license, they are required to complete the CE requirement in order to renew that license. The instructor will receive credit for teaching an approved CE course offered by an approved provider, but can only earn the number of CE credits granted to licensees who attend and complete the course. Regardless of the number of times an instructor teaches a particular approved CE course, the instructor will only receive the number of CE credits that a licensee who successfully completes that course will receive. See N.J.A.C. 11:5-12.3.
16. Can I get an extension of time to get my CE to renew my license?
The rules provide for a limited waiver in cases of an incapacitating illness, active duty in the armed forces of the United States for one year or more of the two year licensure period, emergency or other substantial and unavoidable hardship. Financial hardship, unreasonable delay and conflicts with personal obligations shall not constitute a basis on which the CE requirement may be waived. Waived elective credits need not be made up in the succeeding license term, but waived core topic credits must be made up in the succeeding license term by all recipients of waivers except those who qualified for the waiver based on their being on active duty in the military. See N.J.A.C. 11:5-12.5.
17. Can CE courses be offered at a broker’s office or other locations?
Yes, courses may be offered at a variety of locations as long as the instructor and courses offered are NJREC approved.
18. Will there be distance learning and online courses available?
Yes, upon such courses being approved by the Commission and offered by approved providers, they will be available. Such courses may be offered in a variety of formats.
19. If I recently took real estate courses sponsored bymy local Board of Realtors, can I use these courses towards my CE credits?
No. There is no provision in the statute or rules that allows CE credit to be conferred for the completion of a course on which no application for approval is pending as of the date of the commencement of the course. There is a provision in the rules for an approved provider to offer courses that are pending approval and licensees may obtain credit if approval is subsequently offered. See N.J.A.C. 11:5-12.13(c).