Code of Virginia
Chapter 21 - Real Estate Brokers, Sales Persons and Rental Location Agents
§ 54.1-2105.03. Continuing education; relicensure of brokers and salespersons

A. Board regulations shall include educational requirements as a condition for relicensure of brokers and salespersons to whom active licenses have been issued by the Board beyond those now specified by law as conditions for licensure.
1. Brokers to whom active licenses have been issued by the Board shall be required to satisfactorily complete courses of not less than 24 hours of classroom or correspondence or other distance learning instruction during each licensing term. Of the total 24 hours, the curriculum shall consist of:
a. A minimum of eight required hours to include at least three hours of ethics and standards of conduct, two hours of fair housing, and the remaining three hours of legal updates and emerging trends, flood hazard areas and the National Flood Insurance Program, real estate agency, and real estate contracts;
b. A minimum of eight hours of courses relating to supervision and management of real estate agents and the management of real estate brokerage firms as are approved by the Board, two hours of which shall include an overview of the broker supervision requirements under this chapter and the Board regulations; and
c. Eight hours of general elective courses as are approved by the Board.
The Board may, on a year-by-year basis, adjust the required hours and course topics specified in this subdivision for the next succeeding year, applicable to a licensee in the next renewal period for his license, including the addition of topics deemed by the Board to be essential. Such designation or adjustment by the Board shall be made prior to September 1 of any given calendar year. The action of the Board in making such adjustment shall be subject to § 2.2-4012.1.
The fair housing requirements shall include an update on current cases and administrative decisions under fair housing laws. If the licensee submits a notarized affidavit to the Board that certifies that he does not practice residential real estate and shall not do so during the licensing term, training in fair housing shall not be required; instead, such licensee shall receive training in other applicable federal and state discrimination laws and regulations.
2. Salespersons to whom active licenses have been issued by the Board shall be required to satisfactorily complete courses of not less than 16 hours of classroom or correspondence or other distance learning instruction during each licensing term. Of the total 16 hours, the curriculum shall consist of:
a. A minimum of eight required hours to include at least three hours of ethics and standards of conduct, two hours of fair housing, and the remaining three hours of legal updates and emerging trends, real estate agency, real estate contracts, and flood hazard areas and the National Flood Insurance Program; and
b. Eight hours of general elective courses as are approved by the Board.
The Board may, on a year-by-year basis, readjust the required hours and course topics specified in this subdivision for the next succeeding year, applicable to a licensee in the next renewal period for his license, including the addition of topics deemed by the Board to be essential. Such designation or adjustment by the Board shall be made prior to September 1 of any given calendar year. The action of the Board in making such adjustment shall be subject to § 2.2-4012.1.
3. The Board shall approve a continuing education curriculum of not less than three hours, and as of July 1, 2012, every applicant for relicensure as an active broker or salesperson shall complete at a minimum one three-hour continuing education course on the changes to residential standard agency effective as of July 1, 2011, to Article 3 (§ 54.1-2130 et seq.) prior to renewal or reinstatement of his license. If the licensee submits a notarized affidavit to the Board that certifies that he does not practice residential real estate and shall not do so during the licensing term, training in residential representation shall not be required. A licensee who takes one three-hour continuing education class on residential representation shall satisfy the requirements for continuing education and may, but shall not be required to, take any further continuing education on residential standard agency.
The fair housing requirements shall include an update on current cases and administrative decisions under fair housing laws. If the licensee submits a notarized affidavit to the Board that certifies that he does not practice residential real estate and shall not do so during the licensing term, training in fair housing shall not be required; instead, such licensee shall receive training in other applicable federal and state discrimination laws and regulations.
4. For correspondence and other distance learning instruction offered by an approved provider, the Board shall establish the appropriate testing procedures to verify completion of the course and require the licensee to file a notarized affidavit certifying compliance with the course requirements. The Board may establish procedures to ensure the quality of the courses. The Board shall not require testing for continuing education courses completed through classroom instruction.
B. Every applicant for relicensure as an active salesperson or broker shall complete the continuing education requirements prior to each renewal or reinstatement of his license. The continuing education requirement shall also apply to inactive licensees who make application for an active license. Notwithstanding this requirement, military personnel called to active duty in the armed forces of the United States may complete the required continuing education within six months of their release from active duty.
C. The Board shall establish procedures for the carryover of continuing education credits completed by licensees from the licensee's current license period to the licensee's next renewal period.
D. The Board may grant exemptions or waive or reduce the number of continuing education hours required in cases of certified illness or undue hardship as demonstrated to the Board.
2007, c. 809; 2011, c. 461; 2012, c. 750; 2015, c. 692; 2016, c. 334; 2018, cc. 60, 86.

Structure Code of Virginia

Code of Virginia

Title 54.1 - Professions and Occupations

Chapter 21 - Real Estate Brokers, Sales Persons and Rental Location Agents

§ 54.1-2100. Definitions

§ 54.1-2101. Real estate salesperson defined

§ 54.1-2101.1. Preparation of real estate contracts by real estate licensees; translation

§ 54.1-2102. Repealed

§ 54.1-2103. Exemptions from chapter

§ 54.1-2104. Real Estate Board; membership; chairman; seal

§ 54.1-2105. General powers of Real Estate Board; regulations; educational and experience requirements for licensure

§ 54.1-2105.01. Educational requirements for all salespersons within one year of licensure

§ 54.1-2105.02. Regulation of real estate education providers and courses

§ 54.1-2105.03. Continuing education; relicensure of brokers and salespersons

§ 54.1-2105.04. Education requirements; reactivation of licenses; waiver

§ 54.1-2105.1. (Effective until January 1, 2023) Other powers and duties of the Real Estate Board

§ 54.1-2105.1. (Effective January 1, 2023) Other powers and duties of the Real Estate Board

§ 54.1-2105.2. Cease and desist orders for unlicensed activity; civil penalty

§ 54.1-2106. Repealed

§ 54.1-2106.1. Licenses required

§ 54.1-2106.2. Certification of audit on renewal of firm or sole proprietorship license

§ 54.1-2107. Certain action to constitute real estate broker or salesperson

§ 54.1-2108. Protection of escrow funds, etc., held by broker

§ 54.1-2108.1. Protection of escrow funds, etc., held by a real estate broker in the event of foreclosure of real property; required deposits

§ 54.1-2108.2. Protection of escrow funds, etc., held by a real estate broker in the event of termination of a real estate purchase contract

§ 54.1-2109. (Effective until January 1, 2023) Death or disability of a real estate broker

§ 54.1-2109. (Effective January 1, 2023) Death or disability of a real estate broker

§ 54.1-2110. Resident broker to maintain place of business in Virginia

§ 54.1-2110.1. Duties of supervising broker

§ 54.1-2111. Consent to suits and service of process by nonresidents; manner of service

§ 54.1-2111.1. Voluntary compliance program; real estate brokers

§ 54.1-2112. Definitions

§ 54.1-2113. Establishment and maintenance of fund, duty of Director, assessments of regulants

§ 54.1-2114. Recovery from fund generally

§ 54.1-2115. Investigations

§ 54.1-2116. Limitations upon recovery from fund; certain actions not a bar to recovery

§ 54.1-2117. Participation by Board in proceedings

§ 54.1-2118. Payment of claim; assignment of claimant's rights to Board

§ 54.1-2119. Revocation of license of regulant upon payment from fund

§ 54.1-2120. No waiver by Board of disciplinary action against regulant

§ 54.1-2130. Definitions

§ 54.1-2131. Licensees engaged by sellers

§ 54.1-2132. Licensees engaged by buyers

§ 54.1-2133. Licensees engaged by landlords to lease property

§ 54.1-2134. Licensees engaged by tenants

§ 54.1-2135. Licensees engaged to manage real estate

§ 54.1-2136. Preconditions to brokerage relationship

§ 54.1-2137. Commencement and termination of brokerage relationships

§ 54.1-2138. Disclosure of brokerage relationship in residential real estate transactions

§ 54.1-2138.1. Limited service agent in a residential real estate transaction, contract disclosure required

§ 54.1-2138.2. Duty to disclose ownership interest in specific real property

§ 54.1-2139. Disclosed dual agency and dual representation authorized in a residential real estate transaction

§ 54.1-2139.01. Disclosed dual agency and dual representation in commercial real estate transactions authorized

§ 54.1-2139.1. Designated standard agency or designated representation authorized in a residential real estate transaction

§ 54.1-2139.2. Repealed

§ 54.1-2140. Compensation shall not imply brokerage relationship

§ 54.1-2141. Brokerage relationship not created by using common source information company

§ 54.1-2142. Liability; knowledge not to be imputed

§ 54.1-2142.1. Liability for false information

§ 54.1-2143. Real estate board regulations to be consistent

§ 54.1-2144. Common law abrogated

§ 54.1-2145. Article does not limit antitrust laws

§ 54.1-2146. Licensee maintenance of records