RIBO Continuing Education Summary

Reminder, Renewal time is quickly approaching.

The deadline for completion of the Ontario General continuing education requirements is September 30, 2015 and there are no extensions for individuals to comply. Noncompliance of the continuing education requirements will result in the suspension of the license and suspended individuals may not conduct any business with members of the public until the license is reinstated.

• If you are “Inactive” or on leave of absences (maternity, sabbatical), you are still required to comply with the continuing education requirements to maintain registration eligibility.
• If you have not completed your continuing education requirements when completing your renewal form, you must indicate accordingly and attach a brief explanation to RIBO. By answering that you have completed the requirements when in fact you haven’t, you have knowingly falsified your renewal application. This is an act of misconduct and RIBO will refer your file to the Complaints and Discipline or Qualification and Registration Committee for review and disciplinary action.

It is each individual’s responsibility to keep track of their own continuing education hours for 5 years, even if the brokerage firm/employer keeps a record of it. Make sure a copy is kept for your personal files in event of a spot check or changing of employers. Individuals who cannot confirm compliance with the continuing education requirements following a spot check will result in having their licenses suspended. These individuals will not be able to conduct any business with members of the public until they are in full compliance and had their licenses reinstated by RIBO.

Principal Brokers and Deputy Principal Brokers can only apply Management and Technical hours to their annual continuing education requirements and may not apply Personal Skills hours/credits. Principal Brokers who apply Personal Skills hours may experience a shortfall which will result in the firm being subject to review by the Qualification & Registration Committee for non-compliance of the Principal Broker requirements. Deputy Principal Brokers who are in non-compliance will result in the suspension of the license until full compliance has been met.

Important Information
Repeat seminars in a topic will not be credited towards an individual’s continuing education requirements for a three (3) year period unless there has been significant changes to the program content.
Eg. If an individual completes a “Directors & Officers Liability Insurance” course twice within a three (3) year period, only one of the certificates can be applied towards the continuing education requirements.