Proposed Text
A. All application fees for licenses are nonrefundable and the date of receipt by the board or its agent is the date that will be used to determine whether it is on time.
B. Application fees are as follows:
Salesperson by education and examination |
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Salesperson by reciprocity |
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Salesperson's or broker's license as a business entity |
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Broker by education and examination |
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Broker by reciprocity |
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Broker concurrent license |
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Firm license |
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Branch office license |
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Transfer application |
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Activate application |
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Downgrade to salesperson |
$120 |
Upgrade to broker |
$120 |
C. The fee for examination or reexamination is subject to contracted charges to the board by an outside vendor. These contracts are competitively negotiated and bargained for in compliance with the Virginia Public Procurement Act (§ 2.2-4300 et seq. of the Code of Virginia). Fees may be adjusted and charged to the candidate in accordance with these contracts.
A. All fees for renewals are nonrefundable, and the date of receipt by the board or its agent is the date that will be used to determine whether it is on time.
B. Renewal fees are as follows:
Salesperson |
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Salesperson's or broker's license as a business entity |
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Broker |
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Concurrent broker |
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Firm |
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Branch office |
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A. All applicants for reinstatement must meet all requirements set forth in 18VAC135-20-101. Applicants for reinstatement who want to activate their license must have completed the continuing education requirement in order to reinstate and activate the license. Applicants for reinstatement of an inactive license are not required to complete the continuing education requirement for license reinstatement.
B. If the requirements for renewal of a license, including receipt of the fee by the board, are not completed by the licensee within 30 days of the expiration date noted on the license, a reinstatement fee is required as follows:
Salesperson |
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Salesperson's or broker's license as a business entity |
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Broker |
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Concurrent Broker |
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Firm |
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Branch Office |
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C. A license may be reinstated for up to one year following the expiration date with payment of the reinstatement fee. After one year, the license may not be reinstated under any circumstances and the applicant must meet all current educational and examination requirements and apply as a new applicant.
D. A licensee may not perform activities defined in §§ 54.1-2100 and 54.1-2101 of the Code of Virginia with an expired license. Any real estate activity conducted subsequent to the expiration date may constitute unlicensed activity and be subject to prosecution under Chapter 1 (§ 54.1-100 et seq.) of Title 54.1 of the Code of Virginia.
A. The application fee for an original certificate for a proprietary school shall be $190 $220.
B. The renewal fee for proprietary school certificates expiring every two years from the last day of the month in which they were issued shall be $90 $145.
C. If the requirements for renewal of a proprietary school certificate, including receipt of the fee by the board, are not completed within 30 days of the expiration date noted on the certificate, a reinstatement fee of $135 $220 is required. A certificate may be reinstated for up to one year following the expiration date with payment of the reinstatement fee. After one year, the certificate may not be reinstated under any circumstances and the applicant must meet all requirements and apply as a new applicant. If the renewal requirements are not completed within 30 days of the expiration date noted on the proprietary school approval, the proprietary school shall no longer offer board-approved courses.
D. The application for an original prelicense education instructor certificate shall be $190 $220.
E. The renewal fee for a prelicense instructor certificate expiring every two years from the last day of the month in which it was issued shall be $75 $120.
F. If the requirements for renewal of an instructor certificate, including receipt of the fee by the board, are not completed within 30 days of the expiration date on the certificate, a reinstatement fee of $110 $180 is required. A certificate may be reinstated for up to one year following the expiration date with payment of the reinstatement fee. After one year, the certificate may not be reinstated under any circumstances and the applicant must meet all requirements and apply as a new applicant.
G. The board in its discretion may deny renewal of a certificate for the same reasons it may deny initial approval.