12 HOUR BROKER MANAGEMENT CONTINUING EDUCATION COURSE OUTLINE
Pursuant to Section 5‐70 of the Act, all the topics included in the 12 Hour Broker Management
Continuing Education Outline (“BMCE Outline”), set forth below, must be covered by a Licensed
Continuing Education Provider offering the 12 Hour Broker Management Continuing Education Course
(“BMCE Course”).
A Licensed Continuing Education Provider may submit an application for a Real Estate Continuing
Education Course license based on this BMCE Outline, including a timed outline, final exam, answer key,
any other required documents and the appropriate fees. The timed outline submitted by any provider
shall indicate the specific time allocations for each topic and subtopic.
The required topics in the BMCE Outline may be covered in up to 12 hours, but not less than 6 hours. If
the required topics are covered in less than 12 hours (but not less than 6 hours), the remaining hours
may address other topics from the group of “Additional Topics to Consider” listed after the BMCE
Outline below. Any “Additional Topics to Consider” that are used may be added to the BMCE Outline, or
outlined and submitted separately, to fulfill the balance of the 12 Hour BMCE Requirement (a maximum
of 6 hours).
COURSE GOAL
To provide attendees with the skills and methods to train employees; to implement sound real estate
business practices; and to manage their offices based on the requirements of the Real Estate License Act
of 2000 and Administrative Rules.
COURSE OBJECTIVES
1. Develop training methods to inform the sponsored licensee(s) of the current real estate license
law and administrative rules;
2. Create a plan to insure that the minimum requirements of the current real estate license law
and administrative rules are being met by all licensees; and
3. Establish an ongoing monitoring system that evaluates the licensee’s conformity to the current
real estate law and administrative rules.
REQUIRED TOPICS
I.
SPONSORING BROKER
A. Person or Entity
1. Sole Proprietor, Corporation , LLC
B. Maintain Definite Office/Place of Business
C. Business Model
1. Independent Contractors v. Employees
2. Designated Agency v. Single Agency
3. Dual Agency and Required Disclosures
a.
Consent
b.
Confirmation
c.
Rentals & Leasing
4. Specializations: Residential, Commercial, Leasing, Property Management
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