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70.00 (e) Initial timeshare interest salesperson fee $ 45.00 (f) Timeshare interest salesperson renewal fee $ 35.00 (g) Repealed by Acts 2016, No. 533, §2.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.
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