How long can a real estate license stay inactive?
Those with a license deemed involuntarily inactive for more than 12 months, but less than 24 months can reactive it by completing at least 28 continuing education credit hours. Any license deemed involuntarily inactive for more than 24 months is considered expired, and cannot be reactivated.
What does inactive real estate license mean?
Involuntary Inactive/Inactive – This means a licensee has not met renewal. requirements and prior to the expiration of the license they were not practicing. real estate services. The licensee will not be able to change their status until the. requirements for renewal have been met.
What can an inactive real estate agent do in Texas?
With an inactive license, you will technically be a licensed Texas real agent; however, you will not be able to perform any real estate related activities.
What is the difference between voluntary inactive and involuntary inactive status?
Voluntary Inactive – A licensee who has qualified for a real estate license but who voluntarily chooses not to engage in the real estate business during a given period and requests such a change is placed on voluntary inactive status. … A license is placed in involuntary inactive status for no more than two years.
What happens if I voluntarily inactive My Florida real estate license?
If your license has been involuntarily inactive for more than two years, it automatically expires. When a Florida real estate license expires, it becomes null and void. The Department of Business and Professional Regulation will notify you 90 days before the license expires.
What appears on a real estate license?
The real estate license indicates the name of the licensee, the type of license, the licensee’s address, effective date, expiration date, Seal of the State of Florida, the name of the Governor and the name of the secretary of the DBPR.
What is an inactive broker?
When you have an active real estate license, you can work as a real estate agent and perform real estate brokerage activities. If you do not have a sponsoring broker, you will be issued an inactive real estate license. If you hold an inactive license, you cannot engage in any real estate brokerage activities.
Which of the following is true concerning the qualifying broker’s death?
Which of the following is true concerning the qualifying broker’s death? The entity must secure a new qualifying broker within 60 days.
How do I make my real estate license inactive in Texas?
How do you inactivate your license?
- Sales Agents – Log on to “My License Services” to terminate sponsorship and inactivate your license under “manage my sponsorships.”
- Brokers – Log on to “My License Services” to request inactive status.
- Inspectors – Log on to “My License Services” to request inactive status.
Do real estate courses expire in Texas?
Once you have earned your Real Estate license, you will need to renew every two years by completing additional Continuing Education classes and paying a renewal fee to the Texas Real Estate Commission (TREC).
How do I get my Florida real estate license inactive?
A Florida real estate licensee may reactivate a license that has been involuntarily inactive for 12 months (or less) by completing a minimum of 14 hours of an FREC-prescribed continuing education course. The appropriate DBPR form to use is the DBPR RE 11.
How much does it cost to renew my Florida real estate license?
How much does it cost to renew my Florida real estate license? It will cost $64 for Sales Associates and $72 for Brokers to renew your license through the Department of Business and Professional Regulation (DBPR).