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12 Hour Broker in Charge Course

In order for a broker to be designated as a broker-in-charge (BIC) for a sole proprietorship, real estate firm, or branch office, a broker must first attain BIC Eligible status.  Qualification requirements for BIC Eligible status are set forth in Commission Rule 58A .0110(e) and include the requirement to complete the 12-hour Broker-in-Charge Course no earlier than one year prior to and no later than 120 days after application.  The course addresses issues and subject matter that every broker-in-charge needs to know in order to properly perform the administrative and supervisory duties of a broker-in-charge 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.

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