Section 70-02-04-01 - Continuing education definedAs used in this chapter, continuing education, unless the context otherwise requires, means education in areas related to real estate, which has been approved by the commission, to maintain and improve the professional skills and upgrade the standard of all real estate licensees, and to qualify for license activation and renewal.
The commission considers courses in the following areas to be acceptable, but not limited to, when considering approval:
2. Legislative issues that influence real estate practice;3. The administration of licensing provisions of real estate law and the rules, including compliance and regulatory practices;4. Real estate financing, including mortgages and other financing techniques;5. Real estate market measurement and evaluation, including site evaluations, market data, and feasibility studies;6. Real estate brokerage administration, including office management, trust accounts, and employee contracts;7. Real property management, including leasing agreements, accounting procedures, and management contracts;8. Real property exchange;9. Land use planning and zoning;10. Real estate securities and syndication;11. Estate building and portfolio management;12. Accounting and taxation as applied to real property;14. Real estate appraising;15. Real estate marketing procedures;16. Marketing business opportunities;17. Business courses which relate to the practice of real estate;18. Agency representation; andN.D. Admin Code 70-02-04-01
Effective August 1, 1981; amended effective May 1, 1986; January 1, 2006.Amended by Administrative Rules Supplement 2022-385, July 2022, effective 7/1/2022.General Authority: NDCC 28-32-02, 43-23-08, 43-23-08.2
Law Implemented: NDCC 43-23-08.2