Continuing Education Requirements

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Licensed for trading services and/or rental property management services? There are currently three mandatory continuing education courses that must be completed during your licensing period: 

  • Rule Changes: Agency and Disclosure course 

  • Legal Update course 

  • Anti-Money Laundering in Real Estate course (completion required for licence renewal beginning April 1, 2020) 

RECBC encourages you to complete the mandatory continuing education early in your licensing period.  

Learn more about RECBC’s continuing education courses, including how to register, by reviewing the information below. 

Anti-Money Laundering in Real Estate Course

Register in January to receive early-bird pricing at just $25 

This course is designed to give you the tools and knowledge you need to play a role in preventing illicit funds from entering our real estate markets. 

To register, you need your licence number. Find your licence number using our  Find a Professional Search

  • Course Overview

    Who Must Take the Course

    All licensed real estate professionals are required to complete the Anti-Money Laundering in Real Estate course. Whether you are a representative, an associate broker or a managing broker and whether you provide trading services, rental property management services or strata management services, you’ll learn valuable information about preventing money laundering in this new course. 

    What You’ll Learn

    This self-paced online course gives you the information you need to understand why real estate is attractive to money launderers, how to identify red flags for money laundering, and the steps to take to report suspicious transactions.

    Most importantly, you’ll learn how to incorporate that knowledge into real actions that you can practice in your business. As a real estate professional, you are uniquely positioned to identify and report suspicious transactions because of your close working relationship with clients.

    When to Take the Course

    We encourage you to take the course as soon as possible within your two-year licensing period. Completion of the course is required in order to renew a licence beginning April 1, 2020. 

    Course Cost

    For a limited time, save on the course fee: 

    • Register before March 31 and the Anti-Money Laundering in Real Estate course will cost just $25. *
    • Register after March, and the price of the course will increase to $50.
    • And if you delay your registration until July, you’ll pay $100 for the course. 

       

     * All real estate professionals are eligible to take advantage of the Anti-Money Laundering in Real Estate Course course promotional pricing. Anyone who registers for the course during this promotional period and successfully completes the course will be able to use it towards satisfying the continuing education requirements for their next licence renewal occurring on, or before, March 22, 2022.

    Course fees must be paid upon registration. 

    Course revenues support the development of further educational resources and courses to enhance your knowledge and support you to comply with regulatory requirements. 

    Course Length

    Anti-Money Laundering in Real Estate is an online course that can be completed at your own pace over a three day period. In most cases, it is estimated the course will require a total of 3-5 hours to complete. 

    The course must be completed within three days of registering, or the learner will be required to re-register. 

    Course Details

    Developed in collaboration with anti-money laundering experts, the course will be made available through the Real Estate Division at UBC. It is a mandatory continuing education course for all licensed real estate professionals in BC. We thank FINTRAC for their support in this project. 

    • Module 1 – Introduction and Money Laundering Basics 
    • Module 2 – Background on the Anti-Money Laundering Regime 
    • Module 3 – Real Estate and Money Laundering 
    • Module 4 – Overview of Compliance Obligations 
    • Module 5 – Suspicious Transactions 
    • Module 6 – Emerging Issues 

    The course includes videos and knowledge check questions within each module. You will have three days from the start date you select in order to complete the course. You must complete all course modules AND obtain a passing grade of at least 70% on the final assessment. 

    Once you have passed the final assessment, you will receive a course completion letter. 

  • Registration Details

    To register, you need your licence number. Find your licence number using our Find a Professional Search.

    Register  — will open in a new tab

    3 Things to Know Before You Register:

    1. Registration for Anti-Money Laundering in Real Estate is online through the UBC Sauder School of Business website. Have your licence number and UBC Real Estate Division student ID number  — will open in a new tab (if you have one) ready when you register for the course. Find your licence number
    2. On the registration page, select a start date that suits your schedule from the list of available dates. You’ll have three days from the start date you select in which to complete the course.
    3. This is an online course that you can take at your own pace over a three day period and should take 3-5 hours to complete.

    Once your registration has been processed, you will receive a confirmation email from the UBC Sauder School of Business website with details for accessing the online course.

Rule Changes: Agency and Disclosure Course

Click to register online for the Rule Changes: Agency and Disclosure Course  — will open in a new tab

To register, you need your licence number. Find your licence number using our Find a Professional Search.

  • Agency and Disclosure Course Overview

    Who Must Take the Course

    You must complete the mandatory Rule Changes: Agency and Disclosure course if you are licensed to provide trading services and/or rental property management services.

    What You’ll Learn
    This self-paced online course gives you the information you need to understand and comply with the changes to the Rules in effect since June 15, 2018. You’ll learn:

    • when to use the mandatory disclosure forms
    • the reasons for the changes to agency and disclosure
    • how to adapt your day-to-day business practices
    • how to communicate effectively with consumers about the required disclosures and changes to agency.

    Review the many resources in RECBC’s Licensee Knowledge Base. You’ll find everything you need to know about the agency and disclosure requirements. It’s a great way to prepare for the course!

    When to Take the Course

    We encourage you to take the course as soon as possible. 

    Course Cost

    The Rule Changes: Agency and Disclosure course fee is $75. Course fees must be paid upon registration.

    Course revenues support the development of further educational resources and courses to enhance real estate professionals’ knowledge and help them to comply with regulatory requirements.

    Course Length

    Rule Changes: Agency and Disclosure is a self-paced online course. In most cases, it is estimated the course will require a total of 5-6 hours to complete. 

    The course must be completed within three days of registering, or the learner will be required to re-register.    

    Course Details

    This online course, developed in partnership with the UBC Sauder School of Business, Real Estate Division, provides real estate professionals with the information they need to understand and comply with the changes to the Rules that became effective in June, 2018.

    Real estate professionals will learn the technical requirements of the changes to the Rules, the rationale behind the changes, and what the changes may mean to their day-to-day practice.  This will help ensure that real estate professionals are able to communicate effectively with consumers about the required disclosures and changes to agency, so that consumers can make informed real estate decisions.

    There are five modules:

    • Module 1 – A Primer on Agency
    • Module 2 – Disclosure of Representation in Trading Services
    • Module 3 – Disclosure of Risks to Unrepresented Parties
    • Module 4 – Disclosure to Sellers of Expected Remuneration
    • Module 5 – The Ban on Dual Agency and Dual Agency Disclosure

    Each module includes a lesson (including an introductory video) and an assessment. In order to proceed through the modules, learners must complete the lesson and obtain a mark of 70% or higher on the assessment.

    Once you have completed and passed the module assessments, you will receive a course completion letter.

    Submit the course completion letter to RECBC at the time you apply to renew your licence. Do not send the completion letter to RECBC in advance of your renewal application.

  • Registration Details

    Register online for the Rule Changes: Agency and Disclosure course.

    To register, you need your licence number. Find your licence number using our Find a Professional Search.

    Click to register online for the Rule Changes: Agency and Disclosure Course  — will open in a new tab

    3 Things to Know Before You Register:

    1. Registration for Rule Changes: Agency and Disclosure is online through the UBC Sauder School of Business website. Have your licence number and UBC Real Estate Division student ID number  — will open in a new tab (if you have one) ready when you register for the course. Find your licence number
    2. On the registration page, select a start date that suits your schedule from the list of available dates. You’ll have three days from the start date you select in which to complete the course.
    3. This is a self-paced online course that takes approximately 5-6 hours to complete. The course is based on information published in RECBC’s Knowledge Base. Check out the resources there before starting the course to familiarize yourself with the changes to agency and disclosure rules.

    Once your registration has been processed, you will receive a confirmation email from the UBC Sauder School of Business website with details for accessing the online course.

  • The Legal Update course includes:

    • an online, self-paced learning component and 
    • a one-day classroom session.

    You must complete both components of the Legal Update Course before applying to renew your licence. 

    In the Legal Update Course, you’ll learn about legal and regulatory updates, as well as best practice reminders. It includes recent notable RECBC discipline cases, legal developments, Errors and Omissions reports, and covers key learning points for real estate professionals to transfer into their business practices. The course incorporates case studies, polls, group discussions, and other activities to explore the key course topics and help you stay current with new developments in the ever-changing real estate environment.

    You are only required to complete one Legal Update Course, even if you are licensed to provide more than one service (e.g. trading services and strata management services).

    Course cost

    The Legal Update course fee is $275. This fee covers the expanded delivery model and enhanced content. Any surplus will fund future content and delivery development.

    Course Length

    The online component of the course is self-paced and must be completed at least one week before the classroom component. There are quizzes and evaluations to ensure that you thoroughly understand the material before going on to a new section. In most cases, it will likely take a total of 10-15 hours to complete the online component of the course.

    RECBC strongly recommends that you begin the Legal Update course at least 8 weeks in advance of your licence expiry date, to ensure that you have ample time to complete the course and submit your licence renewal application.

    Course Details

    The Legal Update Course has two parts: a self-paced online component followed by a full-day classroom session. Real estate professionals must successfully complete the online component before attending the classroom session. Classroom sessions will take place at various locations. 

    Online component includes

    • Self pre-assessment,
    • self-paced modules,
    • Each module has a final quiz of 10 multiple choice questions, and;
    • Classroom preparation and feedback.
  • Registration Details

    You can register for the course by using the button below.

    To register, you need your licence number. Find your licence number using our Licensee Search.

    Trading Services Legal Update: Register Now  — will open in a new tab

    Rental Legal Update: Register Now  — will open in a new tab

    Once your registration has been processed, you will receive a confirmation email with details on how to access the online component of the course.

  • Real estate professionals who take the 2020 Legal Update course will learn key concepts related to contracts, agency and conflicts of interest. You will understand how real estate ownership, due diligence and land title matters, and tax considerations affect the professional services you provide to clients. The topic of First Nations land is also highlighted in the online component of the course.

    Legal Update is part of the mandatory continuing education that real estate professionals must complete in order to maintain their licence. The course format consists of two parts: a preparatory online component followed by a one-day classroom component. You can expect to complete online assessments and participate in classroom activities that are created to develop skills for your day-to-day practice.

    The 2020 version of Legal Update introduces greater flexibility by allowing you to tailor your online learning experience through an element called Adventures that relates concepts to a particular practice area. In addition, managing brokers will find flagged content to consider from their perspective.

  • After registering for the Legal Update Course, you will receive access to the online component on the day it is scheduled to start. You’ll find:

    • Self-paced modules, each with a final quiz with multiple choice questions
    • Adventures in each module specific to the course you registered for.

    Once you have completed the online component, you can attend the classroom component, which will include: 

    • Case scenarios,
    • Interactivity,
    • Group work and class discussions, and
    • Distance-based options for those unable to attend in person.

    After completing both portions of the course, you will receive confirmation of course completion. Keep that confirmation in a safe place — you must include it with your licence renewal application.

  • If you took the 2019 Legal Update before December 31, 2019, during your current licence period, you have satisfied RECBC’s Continuing Education requirement. You do not need to take another Legal Update Course until your next licensing period. 

  • If I fail the online component, can I still attend the in-class session?

    No. You must successfully complete all the sections in the online component of the course before you will be able to attend the classroom component. If you are not able to complete the online component in time, you will be required to reschedule your course to another available offering. 

  • What will happen if I don’t complete the course by the time my licence renewal application is due?

    If you do not successfully complete the appropriate Legal Update Course by the time your licence renewal application is due, your real estate licence will not be renewed. Register for the next available course and once you have completed it, you can submit a late renewal application form, paying an additional late renewal application fee of $50. 

    If you do not renew your licence, you will not be licensed and cannot provide real estate services. 

  • I have more questions. Who should I call?

    For questions about registration, Continuing Education requirements or renewal applications, contact our education department via email, at [email protected]  — will open in a new tab

    For questions about course content, format or timelines, including where and when in-class sessions will be held, contact the Professional Association of Managing Agents  — will open in a new tab for Rental Legal Update or RECBC at [email protected]  — will open in a new tab

Renewal Instructions and Course Information

  • How to Renew Your Licence

    You are responsible for accurately reporting your continuing education course completion on your renewal application form.

    If you have not completed the required Continuing Education courses in the last two years, your licence will not be renewed.

  • Real Estate Professionals With Disabilities

    In keeping with the BC Human Rights Code  — will open in a new tab, it is RECBC’s goal to create an ongoing education program that is accessible to everyone and ensures fair and consistent treatment of all real estate professionals, including those with a disability. Real estate professionals with a disability that would prevent them from completing a continuing education course may request special accommodations and arrangements.

    If you wish to request an accommodation, you must provide appropriate assessment and medical records (including medical diagnosis and prognosis). All information will be kept confidential and used only for the purpose of facilitating accommodation.

    Written requests for accommodation should be made 30 days in advance of registering for a course and must be submitted with supporting documentation via email to [email protected]  — will open in a new tab.