Bulletin 1972 V3-1
LICENSE RENEWALS All real estate broker and salesman licenses expire on June 30, 1972, unless properly renewed. Renewal forms will be mailed to all licensees of record approximately the middle of May. Anyone not receiving his form by June 1st should contact the Board office for another form. Licensees are urged to renew their licenses as early as possible. RENEWAL CHECKLIST DO -------- Make sure you have properly completed the renewal form. -------- Personally sign the renewal form (brokers must also sign their salesman's form). --------- Include exact renewal fee of $10.00. Make check payable to N. C. Real Estate Licensing Board. -------- Write your license number on your check. -------- Make address changes on front of renewal form. -------- Contact Licensing Board before filing renewal if you have moved to another state or changed broker or changed your name. -------- Note that incomplete renewals will be returned and, if filed late, will be subject to a late filing fee. DON'T -------- Include other fees with renewal fee. -------- Write renewal check on trust or escrow account. -------- Send insufficient funds check. -------- Confuse real estate license renewal with privilege license renewal. -------- Wait until last minute to renew. |
General Statute 93A-4(c) provides that "All licenses granted and issued by the Board under the provisions of this chapter shall expire on the 30th day of June following issuance thereof, and shall become invalid after such date unless reinstated. Renewal of such license may be affected at any time during the month of June preceding the date of expiration of such license upon proper application to the Board accompanied by the payment of a renewal fee of ten dollars ($10.00) to the secretary-treasurer of the Board. All licenses reinstated after the expiration date thereof shall be subject to a late filing fee of five dollars ($5.00) in addition to the required renewal fee. In the event a licensee fails to obtain a reinstatement of such license within twelve months after the expiration date thereof, the Board may, in its discretion, consider such person as not having been previously licensed, and thereby subject to the provisions of this chapter relating to the issuance of an original license, including the examination requirements set forth herein."
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