1. A licensee, property manager or owner-developer shall notify the Division in writing if he or she is convicted of, or enters a plea of guilty, guilty but mentally ill or nolo contendere to:
(a) A felony relating to the practice of the licensee, property manager or owner-developer; or
(b) Any crime involving fraud, deceit, misrepresentation or moral turpitude.
2. A licensee, property manager or owner-developer shall submit the notification required by subsection 1:
(a) Not more than 10 days after the conviction or entry of the plea of guilty, guilty but mentally ill or nolo contendere; and
(b) When submitting an application to renew a license, permit or registration issued pursuant to this chapter.