Broker Supervision Course Required for Licensees

January 2016

In July 2015, the California Legislature passed and the Governor signed Assembly Bill 345 (“AB 345″) (Frazier), amending Section 10170.5 of the California Business and Professions Code. The provisions of this Code section take effect on January 1, 2016. Broker licensees must now complete upon their first renewal as a broker, a three-hour continuing education course in the management of real estate offices and supervision of real estate activities (Management and Supervision). Moreover, salesperson and broker licensees must complete an eight-hour continuing education survey course for subsequent renewals that includes topics in ethics, agency, trust fund handling, fair housing, risk management and management and supervision.

Please Note: This article is necessarily general in nature and is not a substitute for legal advice with respect to any particular case. Readers should consult with an attorney before taking any action affecting their interests.