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New salesperson Tom received his license on March 15, 2024. His license is set to expire on December 31, 2025. What education must he complete before his first renewal?

Correct Answer

C) Both 25 hours of post-license education and 10 hours of continuing education

Both 25 hours of post-license education and 10 hours of continuing education are required. New salespersons must complete post-license education within their first license period AND meet the standard CE requirement for renewal. Option A is incorrect as it omits the post-license requirement. Option B is incorrect as it omits the CE requirement. Option D is incorrect as 36 hours is the broker CE requirement, not salesperson.

Answer Options
A
10 hours of continuing education only
B
25 hours of post-license education only
C
Both 25 hours of post-license education and 10 hours of continuing education
D
36 hours of continuing education

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Related Topics & Key Terms

Key Terms:

new salespersonpost-license educationfirst renewal requirements

Related Concepts

Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

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