New Fees
Licensing fees effective June 2000.
Chapter 53 Fee Changes
The first changes in fees since 1994 took effect in June. Most current licensees will see the changes only when filing change forms, as many of the change form fees have been reduced from $25 to $10. Licensees who fail to renew on time, however, will have to pay more to restore their licenses. The previous $10 penalty is now $100 for entities, $80 for sole proprietors, and $50 for individual salespersons and brokers. The penalty fee must be paid in addition to the renewal fee. The real estate education fund will now receive all fees paid by real estate instructors, schools, and providers. Here are highlights of the changes:
| New license for individual salesperson or broker | No change, except that $25 is now non-refundable |
| Renewal fees for brokers and salespersons | No change |
|
Change form fees
Change in name Change/Add/Delete trade name Reactivate license Change PB or BIC Change business address Change residence address Change broker affiliation Duplicate license/pocket card |
Decreased from $25 to $10 Decreased from $25 to $10 No change Decreased from $25 to $10 Decreased from $25 to $10 No change - no charge No change - no charge No change |
| Penalty for restoration of forfeited license |
Increased from $10 to:
$100 for entities $80 for sole proprietors $50 for individual salespersons and brokers |
| Continuing education provider and
course: Provider registration Provider reregistration Course certification Course recertification |
Decreased from $200 to $150 Decreased from $150 to $100 Decreased from $300 to $150 Decreased from $150 to $75 |
| Prelicense school and instructor | No change |
|
Condominium Hotel Operator
Original registration and reregistration Broker Exemption Bond Exemption |
New fee: $25 application (nonrefundable) New fee: $50 application (nonrefundable) |
Page last modified
12-23-2004 09:35 AM