How long can your real estate license be inactive in Virginia?

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.

How do I reactivate my real estate license in Virginia?

To reinstate an expired real estate license, you must submit a Salesperson Activate / Transfer Application, either online or by mail and pay the required fee. Please note, you must have completed the required continuing education credits before you can submit to reinstate your license.

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.

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How much does it cost to renew your real estate license in Virginia?

Cost of Renewing Your Real Estate License

When it’s time to renew your Virginia real estate license of any kind, you’ll submit a fee and a renewal application to the REB. As long as you file your renewal paperwork on time, the real estate license renewal fee is just $65 for a sales agent or $80 for a broker.

How long does it take to get your real estate license in Virginia?

How much does it cost to get a California real estate license? Due to mandatory educational waiting periods combined with other requirements, the entirety of the process generally takes anywhere from five to six months.

What does an inactive nursing license mean?

A licensee cannot practice as a registered nurse in the state of California on an inactive license. The inactive status maintains the license as current for the renewal period. … An inactive license means that the fees have been paid, but the required continuing education has not been met.

What is an inactive liquor license?

An inactive license is a license that is not currently open and operating in a licensed premises.

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.

Which individual must hold an active real estate license?

A person appointed by a court of law to sell real estate must be a licensed real estate broker. Persons who rent lots in a mobile home park must hold a real estate license.

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What is a null and void license?

DEFINITION: A license becomes “null and void” after a licensee fails to renew the license for two consecutive licensure cycles. A null and void license cannot be reinstated unless the applicant demonstrates that he or she failed to renew the license due to an illness or economic hardship.

What does inactive status mean in real estate?

Inactive real estate listings are frequently associated with an area’s real estate Multiple-Listing Service, or MLS. … Frequently, if you see a property listed as “inactive” in an MLS, that means it’s not for sale. However, inactive listings in real estate don’t mean those properties might not be up for sale again.