DEPARTMENT OF REGULATORY AGENCIES
DIVISION OF REAL ESTATE
REAL ESTATE COMMISSION
4 CCR 725-1

B. Continuing Education

B-1.	When continuing education is required.
Licensees must satisfy the continuing education requirements for a licensing cycle prior to applying to renew an active license, to activate an inactive license or to reinstate an expired license to active status. The licensing cycle includes:  anniversary year; calendar year; and transition period. 
(a)	Anniversary year cycle:  This is the three-year period commencing on the licensee’s initial date of license issuance (anniversary date) and expiring three years later on the same date. (The anniversary date may be any day of the calendar year.)
(b)	Calendar year cycle:  This is the three-year period commencing on January 1 of year one and expiring on December 31 of year three.  All licensees will eventually be on a calendar year cycle for their license renewal.
(c)	Transition period:  This is the two-year period plus a partial year commencing on the anniversary date when a licensee’s license expires in the years of 2018, 2019 or 2020 and expiring two years plus the remaining days in the third year to reach December 31. (The length of the transition period is dependent on the anniversary date and could be as long as three years or as short as two years and one day.)

B-2.	Methods of completing continuing education.
Licensees may satisfy the entire continuing education requirement for a license cycle through one of the following options:
(a)	Complete the twelve hours required by section 12-61-110.5(1)(c), C.R.S., and required by this rule in annual 4-hour increments developed by the Commission, otherwise referred to as the “Annual Commission Update Course.” Licensees who choose this option must complete an additional 12 hours of elective credit hours to meet the 24-hour total continuing education requirement during the license cycle in subject areas listed in section 12-61-110.5(3), C.R.S. Please note that a licensee may not take the same version of the Annual Commission Update Course more than once. If a licensee takes more than 12 hours of the Annual Commission Update course during a license cycle, the licensee will receive elective credit hours for any additional hours.
(a.1)	To accommodate licensees during the transition period, licensees may complete the 4-hour “Transition Course” along with two different versions of the Annual Commission Update Course to satisfy the twelve hours of mandated education pursuant to section 12-61-110.5(1)(c), C.R.S. Licensees who choose this option must complete an additional 12 hours of elective credit hours to meet the 24-hour total continuing education requirement during the transition period in subject areas listed in section 12-61-110.5(3), C.R.S. A licensee may take the Transition Course at any time during the transition period including in the same year they complete one of the two Annual Commission Update Courses. 
 (b)	Complete the Commission approved 24-hour “Broker Reactivation Course.” This option is available to licensees under one of the following conditions:
(1)	Licensee is currently active and did not use the Broker Reactivation Course to satisfy the Rule B-2(a) or (a.1) requirements in the previous license cycle.
(2)	Licensee is (A) inactive and/or expired for up to thirty-six months prior to activating an inactive license or reinstating an expired license to active status and (B) unable to comply with the education requirements listed in Rule B-2(a) or (a.1).
	   (c)	Pass the Colorado state portion of the licensing exam.
(d)	Complete 72 total hours of pre-licensure education concerning the understanding and preparation of Colorado real estate contracts (48 hours) and real estate closings (24 hours). The courses and course providers are required to comply with the requirements as described at section 12-61-103(4)(a), C.R.S. Any inactive or expired licensee who cannot meet the education requirements listed in section (a), (a.1), (b), or (c), must comply with the education requirements found in section (d) of this rule before activation or reinstatement of the license.