P.R. Laws tit. 20, § 3038
(a) Each original applicant for a license to practice the profession of real estate broker shall meet the following professional education requirements:
Having approved a course or courses on the real estate business in Puerto Rico of at least ninety (90) classroom hours. The aspirant shall present attesting evidence to the satisfaction of the Board that he/she has satisfactorily completed all subjects that the Board shall determine by regulations. The Board shall give credit to the applicants for the courses taken at a professional level.
In order to renew the real estate broker’s license, as established in § 3040 of this title, the broker shall be required to take continuing education courses for a minimum of six (6) hours a day. The Board shall be establish, by regulations, which continuing education activities shall be accepted for said renewal; Provided, That the requirement for the renewal of licenses shall become effective two (2) years from the approval of this act.
(b) All aspirants for a license to practice the profession of real estate salesperson shall meet the following professional education requirements:
(1) Have approved a course or courses on the real estate business in Puerto Rico of at least sixty (60) classroom hours.
(2) The aspirant shall present attesting evidence to the satisfaction of the Board that he/she has satisfactorily completed all the subjects that the Board shall determine by regulations.
In order to renew the real estate salesperson’s license as established in § 3040 of this title, the salesperson shall be required to take continuing education courses for a minimum of four (4) hours a year. The Board shall establish the continuing education courses that shall be required for said renewal.
(c) The professional education courses mentioned in subsections (a) and (b) of this section shall be taken in a college, institute or university accredited by the General Council on Education or by the Department of Education of the Commonwealth of Puerto Rico, and approved by the Board. The Board shall accept the accreditation for the term it has been granted; provided, that it offers the real estate study program approved by it.
The Board shall accept, in lieu of the colleges or universities, those educational courses or seminars sponsored by professional real estate associations previously approved by the Board.
The Board shall consider, at a public hearing, any application by any person, entity, association or institute to offer the courses established in this chapter, for its approval or rejection. Provided, That the Board shall give at least forty-five (45) days notice of said hearing to the professional organizations related to the real estate industry, and shall publish the invitation to said hearings in a newspaper of general circulation in Puerto Rico at least forty-five (45) days prior thereto.
(d) The Board shall provide, through regulations, the requirements to accept courses by alternate educational methods in those cases of applicants to practice the profession of real estate salesperson or broker, who cannot attend them in a classroom, due to physical limitations.
History —Apr. 26, 1994, No. 10, § 15; July 30, 1999, No. 172, § 4.