CONTINUING EDUCATION PROVIDER CORNER

WHAT TYPES OF INSTRUCTION WILL QUALIFY?

The guidelines require that qualifying instruction shall cover one or more of the following subject areas regarding Section 1031 exchanges from a substantive or procedural perspective:

Exchange Procedures

Third-Party Relationships

Legal, Compliance and Technical Issues

Ethical and Professional Practice Standards for an Exchange Accommodator

Only that portion of instruction which meets these criteria will be considered as qualifying for continuing education credit.

WHY APPLY FOR PRE-APPROVAL OF INSTRUCTION

It is strongly suggested and economically more viable to have course materials reviewed and approved prior to being taken.  Pre-approval is not a pre-requisite of acceptable materials.  However, a CES® Designee who takes a course that is not pre-approved takes the responsibility upon him or herself that the course is acceptable under the given standard.  If it is determined that the course work does not qualify, those hours will not be credited toward the continuing education requirement. 

PROCEDURES FOR PRIOR COMMITTEE APPROVAL OF MATERIALS FOR PRODUCERS OF A COURSE OR SEMINAR

Course materials, outlines, length of instruction and any written materials that describe the content, and any promotional material issued regarding this material will be submitted to the CES® Certification Council.

The CES® Certification Council will have 30 days to review and will issue either a written approval or denial of acceptability, as well as the number of hours approved.
The CES® Certification Council will keep the materials in the strictest confidence and will only pass upon the materials acceptability for renewal hours under the given standard.  A copy of the materials will be retained by the CES® Certification Council for review against actual course work and will not be used for any other purpose, nor will it be shared with any other party.

Approved courses may advertise that the course reviewed will be honored as qualifying for Continuing Education Credit Hours renewal purposes and permission may be granted by the CES® Certification Council for the producer to use the CES® logo on its promotional materials. 

The fee for pre-approval and use of approval language is:  $50.00 per each continuing education hour sought to be approved.

For example, a provider of a course for which three hours of continuing education credit are sought shall submit a fee of $150.00 along with the material to be reviewed.

MISCELLANEOUS

Hours will be accountable only in no smaller than one-quarter (1/4) hour increments, following the first hour.  In practice, one hour of credit shall be equivalent to physical presence at the delivery of the program for at least 50 minutes of each hour, which allows for a 10 minute break for each full hour of instruction.  One-half hour of credit must be for a full one-half hour of instruction, with no break allowable during the half-hour increment.

The CES® Certification Council reserves the right to alter the standards for acceptable continuing education credit hours should circumstances dictate that this change is in the best interests of the profession and of its customers.


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