NEW Virginia Requirement:
Virginia licensees who have earned their license since December 31, 2003 must complete 30 hours of continuing education prior to the first renewal of their license. Licensees may choose one of the following tracks to their mandatory hours: 1) residential real estate, 2) commercial real estate or 3) property management. Failure to complete the 30 hour curriculum shall result in the non-renewal of the license until the curriculum is completed.

The Virginia General Assembly created a 30 hour education requirement for new licensees to complete within their first two years after receiving a license.

If your Virginia license expires after July 1, 2004, you are required to complete 16 hours of continuing education to renew their real estate license as follows:

8 Mandatory Hours to include:
• Ethics — 3 hours
• Fair Housing — 2 hours
• Legal Updates, Real Estate Agency and Real Estate Contracts — 3 hours

8 Elective Hours: These may include any of the following Maryland courses offered by the Real Estate Institute which can be processed as elective credit in VA.
• Legislative Update — 3 hours elective
• Buying and Selling Foreclosures — 3 hours elective
• 1031 Tax Free Exchange — 3 hours elective
• Bricks & Sticks Contruction Basics — 3 hours elective

Note: A Virginia processing fee of $20 is required for each course. This fee includes electronic processing of credits to VA and creation of a VA certificate.