For those of you holding an Indiana Real Estate Broker’s license…..June 30th is the deadline to have completed 12 of your 24 CE hours for this cycle. We are happy to report that all Education Resource courses are now approved for both Appraiser and Broker Continuing Education- we have several course offerings rapidly approaching in May and June. For those of you holding both an Appraiser and Broker license, this means you can complete this year’s Broker CE requirement, while simultaneously accumulating hours for your Appraiser CE requirement, which will be due June of next year.
Check out our upcoming courses and register directly online at www.educationresource.com or call us at 317-610-6689.
For more specifics on the CE requirements for each license type, check out the info below:
Indiana Real Estate Brokers:
- 12 hours every year between July 1st to June 30th (IC 25-34.1-2-5; IC 25-34.1-3-10)
- If license is “Active” or “Unassigned”, the CE must be completed within the 7/1 to 6/30 timeline.
- If license is “Inactive” or “Referral”, there is no requirement for CE,
- Managing Brokers are required to have 4 of the 12 hours specifically categorized as Managing Broker CE
- Instructors must have 4 of the 12 hours categorized as Instructor specific CE
Indiana Real Estate Appraisers:
- 28 hours within a two-year period with the period starting each even numbered year (Current Cycle: July 1, 2016-June 30, 2018)
- Must include 7 hours of USPAP (Must be completed between the time USPAP is available on approximately November 1, 2017 and June 30, 2018)
- CE requirements also apply to licensed trainees from the date of initial licensure.
- If an appraiser receives their license or certification within the last 185 days of a two (2) year renewal cycle, they are not required to obtain continuing education in the next two year period.
- Two to seven classroom credit hours can be obtained by attending the Real Estate Appraiser Licensee and Certification Board meeting for an hour for hour credit.
- Up to fifty percent (50%) of continuing education credit may be granted for participation, other than as a student in appraisal educational programs, as follows:
- Program development.
- Authorship of textbooks.