Required CE Module
Important Notice for all Real Estate Brokers and Salespersons
Your continuing education requirements are affected by a law that took effect on July 1, 2011. As part of the continuing education that is due each license year, you must complete a module training course. (This is part of the 15 hours that are due each year, not in addition to it.) The course will be either 3.75 hours or 7.5 hours long and cover topics in real estate that are significant and are of current interest in the real estate market and profession. Brokers will also have the additional requirement to complete a module specifically designed to address issues relevant to brokers. Please note that commercial-only salespersons and brokers are exempt from these new module requirements. The Department of Commerce must publicize an outline of the topics covered by the module and the number of credit hours by April 1 each year.
2016-17 MINNESOTA DEPARTMENT OF COMMERCE REQUIRED CONTINUING EDUCATION MODULES
The 2016-17 Salesperson & Broker Required Module is “Residential Contracts”, for 3.75 hours of continuing education. It must be completed prior to the June 30, 2017, licensing renewal deadline.
This class will explore contracts and forms related to the Minnesota real estate transactions. Special emphasis will be placed on the contract issues that come up in day-to-day business so agents will be better equipped to serve buyers and sellers after instruction on what is contractually required.
After attending this class, real estate licenses will:
- Have a better understanding of what is required by law in real estate contracts;
- Examine various contracts, addenda, and agreements and review forms issues that create problems in real estate transactions;
- Learn to avoid contractual perils and pitfalls;
- Be better equipped serve buyers and sellers in today’s complex real estate transactions.
There is no additional module requirement for brokers during the 2016-17 period.