What does it mean to have an inactive real estate license?
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.
How long can a voluntary inactive real estate license remain inactive?
How long may a license remain in voluntary inactive status? An individual who has attained license status but does not wish to actively engage in the real estate business can request an inactive license. He or she may remain in this status indefinitely. 18.
How do I reactivate my real estate license in Texas?
If you renew your license from 6 months to 2 years after your renewal date, you must apply to reinstate your license. You can do this by submitting a Reinstatement of Real Estate Sales Agent License or Broker License by Individual form and paying the required $190 renewal fee.
How do I keep my real estate license active in Texas?
To keep your Texas real estate license active, you’ll need to renew your license every two years.
Continuing Education (CE)
- 4 hours of Legal Update I.
- 4 hours of Legal Update II.
- 10 hours of SAE electives (including a Broker’s Responsibilities course for Brokers).
What happens if my Texas real estate license expires?
You may renew your license up to six months after the expiration date (Additional late fees may apply). After six months and up to two years past the expiration date, you may apply for reinstatement of your license. After two years past the expiration date, you will have to reapply and pass the state exam again.
How do Realtors become inactive?
Stop reporting continuing education hours for your real estate license. In most states, if course hours are not reported at their scheduled time, a real estate license will be placed into an inactive status. Refuse to pay your renewal fee on your real estate license by its due date.
What is the difference between voluntary inactive and involuntary inactive status?
This is known as a voluntary inactive 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.
How long does the duty of confidentiality last?
The privilege generally stays in effect even after the attorney-client relationship ends, and even after the client dies. In other words, the lawyer can never divulge the client’s secrets without the client’s permission, unless some kind of exception (see below) applies. (United States v. White, 970 F.