How do I reinstate my real estate license in NC?
To reinstate a license expired for more than 2 years:
- Successfully complete the 75-hour NC Broker Prelicensing course;
- Submit a license application with $100 original application fee and all required documentation, including criminal background report; and.
- Pass National and State sections of license exam.
How long can my NC real estate license be inactive?
As long as you pay your renewal fee on time every year, your license can remain on Inactive status indefinitely.
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 an inactive license mean in NC?
A licensee on “Inactive” status has renewed their license but is not entitled to offer or practice engineering or surveying services, whereas a licensee that is “Current” can practice. An “Inactive” licensee is exempt from the CPC requirements.
How often do you have to renew your NC real estate license?
The NC Real Estate Commission requires that you renew your license online at www.ncrec.gov. If you have a firm license, it too must be renewed by June 30 of each year. Also, all active brokers will need to renew your NC privilege license with the NC Department of Revenue. The privilege license tax is $50 each year.
What does an inactive license mean?
Inactive license means a license that has expired because it was not renewed by the end of the grace period. … Inactive license means any license that is not a current, active license. Inactive license may include licenses formerly known as delinquent, lapsed, or retired.
How much does it cost to renew your real estate license in NC?
The annual period for renewal of your real estate license begins at midnight on May 15 and continues until June 30. The renewal fee is $45.00. Per Commission Rule 58A. 0503, you must renew online at www.ncrec.gov.
How do Realtors become inactive?
To deactivate your license with the California Bureau of Real Estate (CalBRE) you just need to login to their eLicensing online system to update your license record. Similar to procedures in Florida, your broker can also remove you from their license using their online system login.
What happens if I voluntarily inactive My Florida real estate license?
If you fail to renew your active (or voluntary inactive) license prior to the expiration date, (other than the first renewal), the real estate license automatically reverts to a status of involuntary inactive.
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 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.