What happens if you let your Texas real estate license expire?
You may renew your license up to six months after the expiration date. After six months and up to two years past the expiration date, you may apply for reinstatement of your license. After two years past the expiration date, you will have to reapply and pass the examination.
When a Texas real estate license holder is in inactive status?
With an inactive license, you pay the renewal fee every two years to keep the license current but are not required to complete CE. This means you are unable to provide real estate services as a license holder but would have an inactive and current license with TREC.
How do I activate my inactive real estate license in Texas?
You can do this by submitting a Reinstatement of Real Estate Sales Agent License or Broker License by Individual form and paying the required $190 renewal fee. Your license will be reinstated as an inactive license.
How do I keep my real estate license active in Texas?
To keep your Texas real estate license active, you'll need to renew your license every two years....Continuing Education (CE)4 hours of Legal Update I.4 hours of Legal Update II.10 hours of SAE electives (including a Broker's Responsibilities course for Brokers).
Do real estate courses expire in Texas?
Once you have earned your Real Estate license, you will need to renew every two years by completing additional Continuing Education classes and paying a renewal fee to the Texas Real Estate Commission (TREC).
Which of the following is correct concerning record keeping requirements of the Commission?
Which of the following is correct concerning record-keeping requirements of the Commission? They must retain electronic licensure records for 10 years.
How much is the additional fee charged for license renewal for the Texas real estate Center?
If you renew your license online, the renewal fee will be $110. If you submit a renewal application by mail, you will have to pay the standard $110 renewal fee plus a $20 paper filing fee.
What does licensed NBA mean?
If your transaction is an eLicensing renewal and 30 days have passed without your broker certifying your employment, your license will be issued showing the status of "Licensed-NBA" which means you are renewed without a broker affiliation and cannot conduct licensed activities.
What is the main purpose of the Recovery Trust Account?
It enables a person who has been defrauded or had trust funds converted by a real estate licensee in a transaction requiring that license, and who satisfies specified requirements (California Business and Professions Code Section 10471 et seq.) to recover at least some of his or her actual loss when the licensee has ...
Can a real estate license that has been expired for more than six months be renewed in Texas?
Can I Renew My Real Estate License After It Expires? Yes, but you won't be able to practice as an active salesperson or broker until you take some sort of action. In Texas, you have a six-month grace period after your license expires. There won't be any extra steps but you will have to pay a late renewal fee.
How long does it take to get a real estate license in Texas?
Texas students are required to take 180 hours of Pre-Licensing coursework to become a licensed real estate agent. These 180 hours are broken down into six 30-hour courses that cover a wide range of topics that will educate the candidate and prepare them for their career.
How do I get my Texas real estate license online?
To get a Texas real estate license online, you must first complete six courses for a total of 180 credit hours from a state-approved school: Next, you need to apply online using TREC's online application service. Finally, you must pass the exam with a score of 70% or higher.