Asked by: Balvina Uwimanabusiness and finance real estate industry
How long will a real estate license that has been involuntarily inactive for automatically expire or be classed as null and void?
Last Updated: 7th April, 2020
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Besides, what does involuntary inactive mean in real estate?
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.
Secondly, how long can my real estate license be inactive in Florida? Inactive status A sales associate may choose to become voluntarily inactive and remain so indefinitely, as long as the person renews as inactive every two years and satisfies the continuing education requirements prescribed by the Florida Real Estate Commission (FREC).
Hereof, what happens if you let your real estate license expired?
If you fail to renew your license before the expiration date, it is no longer considered active. An expired license in it of itself is not cause for disciplinary action; however, keep in mind that once your license has expired, you are no longer legally able to perform the duties of a salesperson or broker.
How long is the period of time in which a licensee must renew his or her license?
No. There is no grace period from the time a license expires until it is renewed. A courtesy renewal notice is sent to the licensee approximately three months prior to the expiration date of the license. It is the responsibility of each RN to make sure his or her license is renewed in a timely manner.