Current through December 3, 2024
Section 230-RICR-30-20-2.9 - License Renewal TermA. Every real estate broker or salesperson who desires to renew a License shall apply for renewal by submitting a complete renewal application and paying the appropriate fee in accordance with R.I. Gen. Laws § 5-20.5-11.B. Licenses issued before January 1, 2020, shall be renewed every two (2) years on May 1 of each even numbered year. C. Licenses issued after January 1, 2020, shall be renewed every two (2) years on the anniversary of the date the license was issued.D. Licensees are responsible for the timely renewal of their license. The Department may provide notice of the license renewal requirement as a courtesy, but the absence of such notice shall not be construed as relieving licensees from their responsibility for timely license renewal.E. Failure to renew prior to the expiration date of an issued license shall result in the institution of administrative disciplinary proceedings in accordance with the Administrative Procedures Act, R.I. Gen. Laws Chapter 42-35, and the Department's Rules of Procedure for Administrative Hearings, Part 10-00-2 of this Title.F. The Department may impose administrative penalties as a condition of reinstatement of a license, taking into account any aggravating or mitigating facts and circumstances.230 R.I. Code R. 230-RICR-30-20-2.9
Amended effective 11/27/2019
Amended effective 5/1/2021
Amended effective 2/21/2022