20 CSR 2250-4.020 - Expiration and Renewal; Name and Address Changes
(1) Renewal of License.
(A) Every license issued and every license
renewal for a broker, corporation, brokerofficer, partnership, broker-partner,
association, broker-associate, broker-salesperson, professional corporation
(broker-salesperson) or inactive broker license shall expire June 30 in each
even-numbered year.
(B) Every
license issued and every license renewal for professional corporation
(salesperson), salesperson, or inactive salesperson license shall expire
September 30 in each even-numbered year.
(C) The commission may mail to each licensee,
at least thirty (30) days prior to license expiration, a notice of the
expiration and an application for renewal of license to the licensee's address
on file with the commission.
(D)
The commission may issue a new license for each renewal period upon receipt of
a properly completed renewal application, including proof of completion of the
continuing education requirement pursuant to
20 CSR
2250-10.100, and the biennial fee, if the receipt date
as affixed by the United States Postal Service or recognized common carrier, or
if hand-delivered to the Missouri Real Estate Commission before the close of
business, is no later than the date of license expiration. Additionally, for
the renewal immediately following January 1, 2011, the licensee must provide
acceptable proof of having submitted, between January 1, 2011, and the
submission of the licensee's 2012 real estate renewal, fingerprints to the
Missouri State Highway Patrol's approved vendor for both a Missouri State
Highway Patrol and a Federal Bureau of Investigation fingerprint background
check. Any fees due to fingerprint background checks shall be paid by the
applicant directly to the Missouri State Highway Patrol or its approved
vendor.
(E) Delinquent renewal
applications must be accompanied by a delinquent fee of fifty dollars ($50) per
month or partial month elapsed since the date of license expiration. Delinquent
fees are not to exceed two hundred dollars ($200).
(F) Any licensee who fails to complete
continuing education requirements during the renewal period must submit with
their renewal proof of completion of the Missouri Real Estate Practice Course
as identified in 20 CSR 2250-6.060. This course
must have been completed no more than six (6) months prior to the receipt date
as affixed by the United States Postal Service or recognized common carrier or
the date the application is hand-delivered to the Missouri Real Estate
Commission during regular business hours.
(2) Failure of a licensee to receive the
notice and application to renew from the commission shall not excuse the
licensee from the requirements for renewal contained in this rule. Any licensee
who fails to renew during a subsequent renewal period is no longer licensed and
in order to become licensed again will be required to requalify as if an
original applicant. Until a new license is procured, the holder of an expired
license shall not perform any act for which a license is required.
(3) A renewal license will not be issued
until the license of the broker with whom the licensee is associated has been
renewed.
(4) Within ten (10) days
following a change in name or home address, each licensee shall notify the
commission in writing.
Notes
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