21 NCAC 58E .0411          RENEWAL OF COURSE AND SPONSOR APPROVAL

(a)  Commission approval of all continuing education elective courses and update course sponsors expires on the next June 30 following the date of issuance.  In order to assure continuous approval, applications for renewal of Commission approval, accompanied by the prescribed renewal fee, must be filed on a form prescribed by the Commission annually on or before April 30.  Any incomplete application for renewal of continuing education course and sponsor approval received on or before April 30 which is not completed within 10 days of notice of the deficiency, as well as any renewal application received after April 30, shall not be accepted and the sponsor will have to file an application for original approval on or after July 1 in order to be reapproved.  Applicants for renewal of approval must satisfy the criteria for original approval in order to renew their approval.  When the Commission issues original course or sponsor approval with an effective date of approval between April 1 and June 10, the deadline for submission of applications for renewal of such newly approved sponsor or course shall be June 10 of the year in which the original approval is issued.

(b)  The fee for renewal of Commission approval shall be fifty dollars ($50.00) for each update course sponsor and for each elective course, provided that no fee is required for course sponsors that are exempted from original application fees.  The fee shall be paid by check payable to the North Carolina Real Estate Commission and is nonrefundable.

History Note:        Authority G.S. 93A-3(c); 93A-4A;

Eff. July 1, 1994;

Amended Eff. July 1, 1996.