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(g) Repealed by Acts 2016, No. 533, §2.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 $ 15.00
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. 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.
NOTE: See Acts 2021, No. 193, §2, regarding license or registration renewal.