Rachel completed her 12 hours of New Jersey continuing education by taking an online course from a provider that was not approved by the NJREC. She submits her renewal application before the June 30 deadline. Which of the following best describes the consequence of using a non-NJREC-approved CE provider?
Correct Answer
B) Her CE hours will not count toward the renewal requirement, and her renewal may be denied or her license may lapse.
Under N.J.A.C. 11:5-12.4, continuing education hours must be completed through providers and courses that have been approved by the NJREC. CE completed through a non-approved provider does not satisfy the renewal requirement. If a licensee submits a renewal without valid, approved CE hours, the NJREC will not accept the CE credit, and the renewal may be denied or the license may lapse for failure to meet the CE requirement.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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