Do I Have A 30-Day Grace Period To Renew My Licensee?
No. The 30day grace period is for the imposition of a late fee. Example: Your license expires May 31. If you engage in the real estate business without renewing your license on June 1, you subject yourself to disciplinary action. You may however, renew your license within the first thirty days after May 31 without incurring a late fee.
Speak to an Experienced Real Estate Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified real estate lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local real estate attorney to discuss your specific legal situation.
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- Will The State Hold My License For Me Instead Of It Being Held By A Broker?
- I Hold A Brokers License And Have Numerous Salespeople Affiliated With Me As Salespersons. Am I Responsible For Their Actions?
- I Received A Listing Through A Connection With A Friend. My Friend Is Unlicensed. Can I Share A Portion Of My Commission With My Friend?
- I Just Signed A Listing Agreement With A Client. What Is The Time Frame In Which I Have To Give The Client A Copy Of The Listing Agreement?
