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How do I renew my lapsed Georgia real estate license?
Question:
How do I renew my lapsed Georgia real estate license?
Answer:
You can renew a laspsed license at the Georgia Real Estate Commission's website.
here are the specifics
(a) Any licensee whose license lapses due to nonpayment of fees or failure to
satisfactorily complete any of the education requirements of O.C.G.A. Chapter 43-40
shall be prohibited from engaging in real estate brokerage activities as defined in
O.C.G.A. Section 43-40-1 until such time as the license is reinstated. Upon the lapsing of
a license, a licensee shall cause the licensee’s wall certificate of licensure and pocket card
to be forwarded at once to the Commiss ion by the licensee’s broker.
(b) Any licensee who has been exempt from the continuing education requirements of
O.C.G.A. Section 43-40-8(e), and whose license has lapsed for longer than one year, and
who reinstates it by paying the fees cited in Rule 520-1-.04(1) shall thereafter be subject
to the continuing education requirements of O.C.G.A. Section 43-40-8 (e).
(c) Any licensee who fails to pay a renewal fee and allows an active license to lapse may
reinstate that license within two years of the date of lapsing by paying the fees cited in
Rule 520-1-.04(1), provided the licensee has completed any required continuing
education courses.
(d) Any licensee who fails to pay a renewal fee and allows an inactive license to lapse
may reinstate that license to active status within two years of paying the fees cited in,
520-1-.04(1), provided the licensee has completed (1) a Commission approved course or
courses of study totaling at least six hours for each year or portion of a year of continuing
education due prior to the licensee’s going on inactive status and (2) a Commiss ion
approved course or courses of study totaling at least six hours for each year or portion of
a year since the date the license was placed on inactive status.
(e) Any licensee who fails to pay a renewal fee and allows an inactive license to lapse
may reinstate that license to inactive status within two years of the date of lapsing by
paying the fees cited in Rule 520-1-.04(1).
(f) Any licensee who fails to pay a renewal fee and allows a license to lapse and who
does not elect to reinstate the license under the provisions of paragraph (4)(c), (d), or (e)
of this Rule may reinstate the license by furnishing proof of completion of any required
prelicense education and by taking and passing the appropriate qualifying examination
for that license. Any person who elects this option to become relicensed may not exempt
the national portion of the examination.
(g) Any licensee who has passed an examination administered by or approved by the
Commission and who allows a license to lapse for a period longer than two years and less
than five years due solely to a failure to pay a renewal fee may reinstate that license by
paying the total amount of all renewal fees and late charges which would have been due
while that license was lapsed plus a reactivation fee and by successfully completing the
following educational course or courses:
1. if the lapsed license is that of a community association manager, the Community
Association Managers Prelicense Course;
2. if the lapsed license is that of a salesperson, the Salespersons Prelicense Course; or
3. if the lapsed license is that of a broker or associate broker, the Brokers Prelicense
Course.
Courses taken to reinstate a license as provided in 1. , 2. and 3. above must be taken
within one year prior to making application for and paying the fees required for
reinstatement. Any course taken under this paragraph must be taken at a Commission
approved school. Any licensee who reactivates a license under the terms of this
paragraph shall thereafter be subject to the continuing education requirements of
O.C.G.A. Section 43-40-8(e).
(h) Any licensee whose license has lapsed a period of time longer than five years due to a
failure to pay required fees and who desires to re-qualify for a license must do so as an
original applicant.
(i) Any licensee whose license lapses for failure to complete any continuing education
required for renewal of a license may reinstate the license by (a) furnishing the
Commission within two years of its lapsing evidence of having completed an approved
course or courses of study and (b) meeting the requirements provided in paragraph (3) of
this Rule. The course or courses of study required by (a) above must have a number of
hours of instruction totaling at least six hours for each year of the renewal period.
(j) Any licensee whose license lapsed for failure to complete satisfactorily the 25
instructional hours of education required by O.C.G.A. Section 43-40-8(d) may reinstate
the license only as provided in that Code section. Any such licensee whose license has
lapsed a period of time longer than five years due to a failure to complete education
requirements in a timely manner and who desires to re-qualify for a license must do so by
(1) completing the education the applicant had not completed and (2) re-qualifying as an
original applicant.
(k) Any licensee whose license lapses for any reason and who then applies to reinstate
that license or any licensee whose license is on inactive status and who then applies to
reactivate that license shall not commence work in real estate brokerage activities until:
1. if a broker, he or she has received the broker’s wall certificate of licensure; or
2. if a community association manager, salesperson, or associate broker, the broker with
whom the licensee is affiliated has received the licensee’s wall certificate of licensure.
All images and text copyright 2011 A Bob Wood Real Estate Academy. Site By: Bobby Wood
The information contained in this article is believed to be current and accurate as of September 2006