The commission may charge:
(1) Initial fees for licensing or certification:(a) Individual real estate broker's license $120.00(b) Corporate, partnership, or limited liability company real estate broker's license $120.00
(c) Branch office license $ 45.00(d) Real estate salesperson's license $ 45.00(e) School certification $650.00(f) Instructor application/certification $ 35.00(g) Instructor certification re-examination $ 35.00(h) Continuing education vendor $300.00(2) Renewal fees for licensing or certification: (a) Real estate active broker's license $ 70.00(b) Real estate inactive broker's license $ 35.00(c) Branch office license $ 45.00(d) Real estate active salesperson's license $ 35.00(e) Real estate inactive salesperson's license $ 35.00(f) School certification $300.00(g) Instructor certification $ 35.00(h) Continuing education vendor $150.00(3) Fees for timeshare registration: (a) Initial public offering statement filing fee $500.00(b) Additional public offering statement filing fee $250.00(c) Initial timeshare developer registration $120.00(d) Timeshare developer renewal fee $ 70.00(e) Initial timeshare interest salesperson fee $ 45.00(f) Timeshare interest salesperson renewal fee $ 35.00(g) Repealed by Acts 2016, No. 533, §2.(4) Delinquent fees, in addition to the renewal fee, if not renewed by September thirtieth of the applicable license or registration period:(a) October 1 - November 15 Active and Inactive Licensees $ 50.00(b) November 16 - December 31 Active Licensees $200.00(c) November 16 - December 31 Inactive Licensees $ 50.00(d) October 1 - December 31 Real estate schools, vendors, and pre-license instructors $ 50.00
(5) Transfer fees: (a) Active status to inactive status $ 45.00(b) Inactive status to active status $ 45.00(c) All other transfers $ 35.00(6) Processing fee $ 25.00(7) License verification $ 25.00(8) Continuing education course registration $ 15.00Acts 1978, No. 514, §1; Amended by Acts 1981, No. 309, §1; Acts 1983, No. 552, §2; Acts 1985, No. 999, §2; Acts 1989, No. 655, §1, eff. Jan. 1, 1990; Acts 1995, No. 1207, §1; Acts 1997, No. 845, §1; Acts 2007, No. 35, §1; Acts 2016, No. 533, §§1, 2; Acts 2021, No. 193, §1, eff. April 1, 2022.Amended by Acts 2021, No. 193,s. 1, eff. 4/1/2022.Amended by Acts 2016, No. 533,s. 1,2, eff. 8/1/2016.Acts 1978, No. 514, §1; Amended by Acts 1981, No. 309, §1; Acts 1983, No. 552, §2; Acts 1985, No. 999, §2; Acts 1989, No. 655, §1, eff. 1/1/1990; Acts 1995, No. 1207, §1; Acts 1997, No. 845, §1; Acts 2007, No. 35, §1.See Acts 2021, No. 193, §2, regarding license or registration renewal.