R162-2f-204. License Renewal

  (1) Renewal period and deadlines.

  (a) A license issued under these rules is valid for a period of two years from the date of licensure.

  (b) To renew on time without incurring a late fee, an applicant for renewal shall, by the 15th day of the month of expiration, have completed all continuing education credits required under subsection (2)(b) to ensure continuing education providers have time to bank continuing education hours prior to license expiration.

  (c) An individual who is required to submit a renewal application through the online RELMS system shall complete the online process, including the completion and banking of continuing education credits, in the licensee's individual password protected RELMS account, by the license expiration date.

  (d) An individual whose circumstances require a "yes" answer to a disclosure question on the renewal application shall submit a paper renewal application:

  (i) by the license expiration date, if that date falls on a day when the division is open for business; or

  (ii) on the next business day following the license expiration date, if that date falls on a day when the division is closed for business.

  (2) Qualification for renewal.

  (a) Character and competency.

  (i) An individual applying for a renewed license shall evidence that the individual maintains character and competency as required for initial licensure.

  (ii) An individual applying for a renewed license may not have:

  (A) a felony conviction since the last date of licensure; or

  (B) a finding of fraud, misrepresentation, or deceit entered against the applicant, related to activities requiring a real estate license, by a court of competent jurisdiction or a government agency since the last date of licensure, unless the finding was explicitly considered by the division in a previous application.

  (b) Continuing education.

  (i) To renew at the end of the first renewal cycle, an individual shall complete:

  (A) the 12-hour new sales agent course certified by the division; and

  (B) an additional six non-duplicative hours of continuing education:

  (I) certified by the division as either core or elective; or

  (II) acceptable to the division pursuant to this Subsection (2)(b)(ii)(B).

  (ii) To renew at the end of a renewal cycle subsequent to the first renewal, an individual shall:

  (A) complete 18 non-duplicative hours of continuing education:

  (I) certified by the division;

  (II) including at least nine non-duplicative hours of core curriculum, three hours of which are for completion of the Mandatory 3-Hour CE Course, a required continuing education course approved by the division; and

  (III) taken during the previous license period; or

  (B) apply to the division by the 15th day of the month of expiration for a waiver of all or part of the required continuing education hours by virtue of having completed non-certified courses that:

  (I) were not required under Subsection R162-2f-206c(1)(a) to be certified; and

  (II) meet the continuing education objectives listed in Subsection R162-2f-206c(2)(f).

  (iii)(A) Completed continuing education courses will be credited to an individual when the hours are uploaded by the course provider pursuant to Subsection R162-2f-401d(1)(j).

  (B) If a provider fails to upload course completion information within the ten-day period specified in Subsection R162-2f-401d(1)(j), an individual who attended the course may obtain credit by:

  (I) filing a complaint against the provider; and

  (II) submitting the course completion certificate to the division.

  (c) Principal broker. In addition to meeting the requirements of this Subsection (2)(a) and (b), an individual applying to renew a principal broker license shall certify that:

  (i) the business name under which the individual operates is current and in good standing with the Division of Corporations and Commercial Code; and

  (ii) the trust account maintained by the principal broker is current and in compliance with Section R162-2f-403.

  (3) Renewal and reinstatement procedures.

  (a) To renew a license, an applicant shall, prior to the expiration of the license:

  (i) complete the online renewal of the license in the applicant's password protected RELMS account; and

  (ii) pay a nonrefundable renewal fee.

  (b) To reinstate an expired license, an applicant shall, according to deadlines set forth in Subsections 61-2f-204(2)(b) - (d):

  (i) submit all forms required by the division, including proof of having completed continuing education pursuant to Subsection 61-2f-204(2); and

  (ii) pay a nonrefundable reinstatement fee.

  (4) Transition to online renewal. An individual licensee shall submit an application for renewal through the online RELMS system unless the individual's circumstances require a "yes" answer in response to a disclosure question.