NYSAR supported amendment to continuing education requirements signed into law
- Posted By: Kelly Pierce
- Category Featured, Legal Updates
On October 23, Gov. Andrew Cuomo signed into law a NYSAR supported amendment to Real Property Law §441(3)(a).
This amendment eliminates the exemption or “grandfathering” of brokers from having to complete continuing education.
This means that anyone who is grandfathered right now and has a renewal date before July 1, 2021 will have to start acquiring the 22.5 CE credits for your NEXT renewal. See attached for complete details…
Gov. Andrew Cuomo also signed legislation to expand the mandatory “core” continuing education requirement from four to 7.5 hours. The legislation will take effect on July 1, 2021, after which real estate licensees will be required to complete 2.5 hours of instruction on ethical business practices and one hour of legal updates every two years. The total number of continuing education hours to be completed every two years will remain the same, at 22.5.