21 NCAC 58A .0304         WAIVER OF 75-HOUR PRELICENSING EDUCATION REQUIREMENT

The Commission shall grant a waiver of the 75-hour education program pursuant to G.S. 93A-4(a) if an applicant submits:

(1)           an application pursuant to Rule .0301 of this Section;

(2)           a written request for a waiver of the 75-hour education program; and either

(3)           a transcript and copy of a baccalaureate or higher degree in the field of real estate, real estate brokerage, real estate finance, real estate development, or a law degree conferred on the applicant from any college or university accredited by a college accrediting body recognized by the U. S. Department of Education; or

(4)           a course completion certificate or transcript evidencing the completion of a prelicensing education program in another state that:

(a)           consisted of at least 75-hours of instruction;

(b)           was completed within one year prior to license application while the applicant was a resident of said state; and

(c)           is parallel to the topics and timings described in the Commission's Prelicensing course syllabus.

History Note:        Authority G.S. 93A-4;

Eff. July 1, 1993;

Amended Eff. July 1, 2017; April 1, 2006; October 1, 2000;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. May 1, 2018.