Asked by: Balvina Uwimana
business 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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Two years. When a license is in involuntary inactive status for more than two years, the license automatically expires and becomes null and void.

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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.

Related Question Answers

Hadda Leichtweis

Professional

What can you do with an inactive real estate license?

An active license means you have a sponsoring broker, which allows you to engage in real estate brokerage activities, such as selling or leasing properties. An inactive license means you do not have a sponsoring broker and you cannot engage in any real estate brokerage activities.

Shasha Beklemischev

Professional

How long can you have your real estate license 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.

Marciana Lecertua

Professional

How do I activate my inactive real estate license?

To reactivate an inactive Mass real estate license, agents are required to complete the same 12-credit required continuing ed course and to submit a license reactivation form with the current renewal fee to the Board.

Cristen Horas

Explainer

How long can a voluntary inactive license remain inactive?

The licensee must complete continuing education and renew the license to either active or voluntary inactive status within the next two years. A license is placed in involuntary inactive status for no more than two years.

Sabir Zimonin

Explainer

What happens if I don't renew my Florida real estate license?

If your license has been involuntary inactive for 1-12 months, you simply need to complete 14 hours of continuing education and pay an additional late fee. If your license has been involuntary inactive for 13-24 months, you must complete a 28-hour reactivation course and pay a late renewal fee.

Tsvetomir Rauft

Pundit

What does license authority voided mean?

License Authority Voided - the licensee has not been timely in meeting their obligations to the department. Suspended - the licensee's work privileges have been suspended for a specified period of time.

Lyndia Belger

Pundit

Can I renew my real estate license after it expires in Florida?

Yes. If you fail to complete the renewal process before your expiration, your license will become involuntary inactive, at which point you will have 12 months to complete the required continuing education, pay the renewal fee, and a late fee.

Wadie Laurnagaray

Pundit

What happens when a real estate licensee does not renew their license before it expires?

If you fail to renew your license on-time (prior to your license expiration date), you may renew your license during the two year late renewal period immediately following your license expiration date. However, you cannot perform activities requiring a real estate license until your license has been renewed.

Anicia Schodtensack

Pundit

How can I reinstate my real estate license?

Once registered, you will complete a license reinstatement request and a licensing member will contact you within 10-15 business days with reinstatement requirements. An expired firm which has been expired for more than 60 days, the firm will be required to place a new application with the Real Estate Commission.

Kun Gifre

Pundit

How do I renew my Salesmans license?

Renew by Mail:
  1. Submit the Renewal Form for Real Estate Sales Agents and Brokers.
  2. Complete your CE at least 10 days before your expiration date, to ensure time for processing.
  3. Include payment of the renewal fee.

Kirby Hofstetter

Teacher

What are the continuing education requirements for real estate licensees?

Real Estate Continuing Education Requirements. All individuals who hold an active real estate license and whose license number is above 100,000 are required to complete 36 hours of Commission approved continuing education during each four (4) year renewal period, including 3 hours on the topic of License Law.

Nilson Gasteategui

Teacher

How much does it cost to renew my real estate license?

Current renewal fees are: $245 for a timely salesperson renewal. $300 for a timely broker renewal. $367 for a late salesperson renewal.

Jaimina Chala

Teacher

How long does it take to renew real estate license?

Use the licensee portal to renew your licence. If you need help, refer to the help section in the licensee portal or contact us. We'll process your renewal in 2–3 days, and we'll email your new licence to you.

Franchesca Masood

Teacher

What does inactive real estate license mean?

A license that is current (renewed), unsuspended or unrevoked, and is not affiliated with a broker, developer, or real estate company is an “Inactivelicense. The inactive status does not allow the individual to conduct any real estate transactions until the license is placed on “active” status.

Rime Olaria

Reviewer

What is the penalty for providing real estate without a license?

Fines. In addition to or apart from any jail or prison sentence, courts can also impose a fine if you are convicted of the unauthorized practice of real estate. Fines differ widely, but misdemeanor fines are typically up to about $1,000, while felony fines can reach $5,000 or more.

Hrant Ebbs

Reviewer

What are the eight activities that require a real estate license?

Eight activities that require an individual to have a real estate license, unless there is a specific exemption in the law are: Appraise, Auction, Sell, Exchange, Buy, Rent, Lease, or Advertise to perform a real estate service.

Siqi Garcia PeƱuela

Reviewer

Do brokers make more than real estate agents?

The gross median salary for licensed real estate brokers in the U.S. was $69,640 in 2016, according to NAR data published in 2017. A big part of the reason that salaries for real estate brokers were significantly higher than sales agents' salaries is that it's common for agents to work part-time while in other jobs.

Christof Zucchelli

Reviewer

Can a Florida real estate agent work for two brokers?

A Florida sales associate or broker associate may only register under one employer, so in general the answer to your question would be “no.” However, if you can arrange to work for the property management company as a salaried employee, you would not be using your license, so it would be possible to legally work for

Yaumara Mittelbach

Supporter

How much does it cost to renew real estate license in Florida?

How much does it cost to renew my Florida real estate license? It will cost $32 for Sales Associates and $36 for Brokers to renew your license through the Department of Business and Professional Regulation (DBPR).