The 12-hour BIC Course addresses issues and subject matter that every broker-in-charge (BIC) needs to know in order to properly perform the administrative and supervisory duties of a BIC under License Law and Real Estate Commission Rules. Coverage includes: basic definitions and licensing requirements, general broker-in-charge administrative and supervisory responsibilities, broker compensations issues, and office policies and procedures.
Commission Rule 58H .0404 dictates that education providers may permit students to access any/all distance CE elective courses for a maximum of 30 days from the date of registration or until June 10, whichever is sooner. Consequently, if a broker does not complete the 12-hour BIC Course within 30 days of registration or by June 10, whichever comes first, the broker must register for the course again and restart it.
Commission Rule 58A .0110(e)(6)(c) dictates that a broker who applies for and is granted BIC Eligible status is required to complete the 12-hour BIC Course within 120 days of the time that the status is granted. If the course is not completed within the 120-day window, then BIC Eligible status is removed and cannot be granted again until the course is completed in full. Alternatively, a broker may choose to take the 12-hour BIC Course before applying for BIC Eligible status, in which case application for the status must be submitted no later than 1 year following the date of completion of the course.