I have held a Georgia Real Estate License for many years and to my knowledge the Georgia Real Estate Commission has never required a specific continuing education course for license renewal. In the past, the Commission required only that a licensee obtain the required number of CE hours, 36 as of July 1, 2015, by taking continuing education courses approved by the Georgia Real Estate Commission, but the choice of classes taken was up to the licensee.
Thing are changing! The Georgia Real Estate Commission has now mandated a CE requirement that every agent renewing their license after July 1, 2016 must show that they have taken a Georgia Real Estate Commission approved continuing education course covering 9 specific topics in Georgia real estate license laws or rules. The new requirement states that a GA real estate licensee shall satisfactorily complete at least three (3) hours of continuing education on the topic of Georgia real estate license law during each 4-year license renewal period. Any licensee who renews an active license on or after July 1, 2016 must show that they have completed at least 3 hours of an approved continuing education course on the topic of license law and rules.
The reason given by the Georgia Real Estate Commission for creating this new CE requirement is: after a thorough survey of the investigations having been conducted by the Commission involving complaints received from both the public and the real estate community, it was found that there were 9 areas of the Georgia real estate license law or rules that were most commonly being abused or violated.
These 9 areas are:
1. Obtaining a real estate license, maintaining a license, sanctions, surrender or lapses, convictions, noncompliance regarding child support and borrowers in default.
2. Transferring a license to a different company and the brokers responsibility as a result of Licensee transfer.
3. Trust account setup and maintenance responsibilities of a broker, a licensee acting in the capacity of principal, non-resident brokers and community association managers.
4. Trust account violations and unfair trade practice violations by brokers, licensees, schools, instructors, and identify the sanctions imposed.
5.Brokers responsibilities for brokerage agreements, management agreements and fidelity bond/insurance requirements for Community Association Management.
6. Management responsibilities of a real estate firm regarding broker, qualifying broker, utilization of support personal, and sharing commissions with non-resident brokers.
7. The advertising requirements that have been initiated in the past year. Rule 520-1-.09.
8. Procedures to be followed in handling real estate transactions.
9. Responsibilities of a licensee actions when acting as a principal in a real estate transaction.
I offer the Georgia Law Mandated continuing education course through my affiliation with The CE Shop.