| The Council hereby approves the policy for education and examination requirements for registration as a real estate salesperson. |
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1. |
Terms that are defined in the Real Estate Act and Rules have the same meaning when they are used in this Policy. |
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2. |
A person who wishes to be registered as a salesperson must fulfill the education requirements of Real Estate 1000 and pass a Provincial Qualifying Examination for salespersons. |
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3. |
The Executive Director shall have the responsibility for approving the course outline, course objectives and lesson plan (consisting of a set of topics and the amount of time allocated to each topic) for Real Estate 1000. |
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4. |
By Resolution dated July 9, 1996, the Council delegated to the Executive Director the responsibility for approving the Provincial Qualifying Examination for salespersons and the passing grade for this examination. |
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5. |
The Executive Director may grant an exemption: |
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(a) |
from the Real Estate 1000 and the Provincial Qualifying Examination in accordance with Section 7 of the Rules, or |
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(b) |
from Real Estate 1000 if, in the opinion of the Executive Director, a candidate has already taken an equivalent course. |
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6. |
The Executive Director shall issue a Certificate of Completion to candidates who successfully complete Real Estate 1000. |
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7. |
To be eligible for a Certificate of Completion, candidates must attend 90% of the classes in Real Estate 1000 or meet the attendance requirements of the education institution delivering this course, whichever is greater. |
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8. |
The Executive Director shall issue a Permission to Write the Provincial Qualifying Examination to candidates who have qualified for a Certificate of Completion for Real Estate 1000. |
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9. |
Candidates must present their Permission to Write and an acceptable picture identification to obtain entrance to the Provincial Qualifying Examination. |
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10. |
(a) |
Candidates who fail to attain a passing grade on the Provincial Qualifying Examination may re-write this examination two more times upon payment of the prescribed fee. |
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(b) |
The Executive Director shall issue a Permission to Re-Write to candidates who wish to re-write and have paid the prescribed fee. |
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11. |
A Permission to Write is valid for one year from the date of issue, and a Permission to ReWrite is valid for sixty days from the date of issue. |
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12. |
Candidates who fail to attain a passing grade on the Provincial Qualifying Examination on three attempts are required to re-register and complete the course requirements of Real Estate 1000 before they can re-write the Provincial Qualifying Examination again. |
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13. |
Refund of course fees for failing to complete Real Estate 1000 are at the discretion of the educational institution delivering this course. |
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14. |
The prescribed fee to re-write the Provincial Qualifying Examination is $50.00. |
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15. |
(a) |
Every application for an exemption pursuant to paragraph 5 must be accompanied by an administrative fee of $50.00. |
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(b) |
With an exemption from Real Estate 1000, the fee for writing the Provincial Qualifying Examination and course materials is $300.00. |
