License Law (Fees)

Question 1

Criminal Records Search

Answer 1

$25

Question 2

Change of company name, lecensee’s name, company address

Answer 2

$25

Question 3

Change of status from inactive to active

Answer 3

$25

Question 4

Recovery Fund fee…when obtaining original active license (ONE TIME FEE)

Answer 4

$30

Question 5

Education and Research fee…initially paid (then $7.50/yr when renewing)

Answer 5

$30

Question 6

Salesperson and Company license fee per year (Paid in 2 year blocks on even years)

Answer 6

$85

Question 7

Broker’s license fee per year (paid in 2 year blocks on even years)

Answer 7

$95

Question 8

Penalty for non-renewal after August 31 of licensing period (even years)

Answer 8

$150

Question 9

Temporary broker’s license fee

Answer 9

$150

Question 10

Initial broker’s license fee

Answer 10

$150

Question 11

Appeal Bond posted by complainant or respondent (party appealing decision)

Answer 11

$200

Question 12

Witness requested by complainant or respondent in a hearding, are reimbursed

Answer 12

$6/day and $.20/mile