Good Afternoon, I am forwarding to you the latest change to the Ethics & Business Practices DBPR Rule 61J2-3.009. This email was received from Sharon Hoydich, Director of Professional Development, Florida RealtorsR. The section in quotations "are the words direct from the DBPR". The "highlighted sections" are from Sharon and "are added for further clarification". Thank you, Victor Victor J. Raymos, RCE, CRS, ABR AE/CEO St. Augustine & St. Johns County Board of REALTORSR 1789 Lakeside Avenue St. Augustine, FL 32084 904-829-8738 <mailto:ae@stjohnsrealtors.org> ae@stjohnsrealtors.org From: Sharon Hoydich [mailto:sharonh@FLORIDAREALTORS.ORG] Sent: Monday, July 24, 2017 2:48 PM To: 2017_EXOFF-C@LISTS.FLORIDAREALTORS.ORG Subject: ETHICS & BUSINESS PRACTICES DBPR RULE CHANGE Importance: High Good Afternoon: I finally heard back from Jocelyn Pomales at the DBPR about the new Ethics & Business Practices rule. The following information shown below was just sent out to us regarding RULE 61J2-3.009. Please note - the section in quotations are the words direct from the DBPR. The highlighted section is mine - added for further clarification. If you have any questions, please don't hesitate to contact me. Sincerely, Sharon Hoydich CONCERNING RULE: 61J2-3.009 Continuing Education for Active and Inactive Broker and Sales Associate Licensees. (1) No change (2)(a) No change (b) "Licensees must take the 3-hour Core Law course once during each renewal period. A licensee who takes the 3-hour Core Law course in each year of the renewal period shall be allowed a total of 3 hours of Core Law education and 3 hours of specialty education toward the 14 hour requirement. Real estate licensees who hold a license that expires on September 30, 2018, or thereafter must also take the 3-hour Ethics and Business Practices course once during each licensure renewal period." WHAT DOES THIS MEAN FOR THE MEMBERS? The requirement for licensees to take the new ETHICS & BUSINESS PRACTICES class will go into effect with the END OF THE SEPTEMBER 2018 RENEWAL CYCLE. So the system will start looking for the completion of an ETHICS & BUSINESS PRACTICES class for those folks renewing their license by the end of September 30, 2018. SO --- licensees renewing by the end of SEPTEMBER 30, 2018 will have to take an ETHICS & BUSINESS PRACTICES CLASS PRIOR TO THAT DATE TO RENEW THEIR LICENSE. "A licensee who takes the 3-hour Ethics and Business Practices course in each year of the renewal period shall be allowed a total of 3 hours of Ethics and Business Practices and 3 hours of specialty education toward the 14 hour requirement." "Licensees who complete the Core Law course and Ethics and Business Practices course will receive 6 hours credit toward the 14 hour requirement. The "specialty" course hours must total at least 8 hours." "Also, Ethics courses that were approved prior to 11/30/2016 will not count towards this Ethics and Business Practices requirements. The courses need to be resubmitted as a new course to qualify under the new requirements. The new forms are located on the forms and publication page of the Division's website. Here is the link: <http://www.myfloridalicense.com/dbpr/re/forms.html> http://www.myfloridalicense.com/dbpr/re/forms.html (The forms are located towards the middle of the page)." "Courses being submitted under the new ETHICS & BUSINESS PRACTICES category can be submitted for approval from an existing Realtor Code of Ethics SPECIALTY class (it can also be other types of ethic's courses) but IT MUST resubmitted under the E&B category." For your reference, the FLORIDA REALTORS current Code of Ethics 3 hour CE and 4 hour CE class are currently being submitted under the Ethics & Business Practices category and should be ready to offer by early fall for Ethics & Business Practices credit. Sharon Hoydich Director of Professional Development | FloridaRealtorsR 7025 Augusta National Drive, Orlando, FL 32822 phone: 407.438.1400, ext. 2418 direct: 407.587.1497 fax: 407.438.1411 email: <mailto:sharonh@floridarealtors.org> sharonh@floridarealtors.org visit: <http://www.floridarealtors.org/> http://www.floridarealtors.org The Voice for Real EstateR in Florida Facebook: <http://floridarealtors.org/facebook> http://floridarealtors.org/facebook Twitter: <http://floridarealtors.org/twitter> http://floridarealtors.org/twitter DREAM BIG IN 2017! Florida RealtorsR Convention & Trade Expo <http://convention.floridarealtors.org/> http://convention.floridarealtors.org #DreamBig17 #FloridaRealtors _____ Committee Email Delivery from Florida RealtorsR Hosted Lists