|
|
Renewing Your Individual Broker License
Very Important!
- Fingerprint Requirements for Brokers and Salespersons applying or renewing on or after January 1, 2008
- Pay Your Renewal Fee and File Early ! To renew your license you must pay a renewal fee and complete any required education.
Incomplete or inaccurate renewals filed at the last minute may result in an expired license and the need to file a late renewal.
Background Check Fee - All licensees who have been fingerprinted for TREC will eventually have to pay an additional fee for a subsequent background check when renewing their licenses or applying for a broker license. Licensees who were fingerprinted for a 2008 renewal, application or late renewal, and whose current license expiration is March 31, 2009 or thereafter, must pay the renewal or application fee and an additional fee (currently $19.25) for a subsequent background check. Fees will be returned to licensees who submit incorrect fee amounts (and, for renewals: the license will expire if the correct amount is not timely received.)
- Changes in Late MCE Penalty Requirements! - Licensees that renew on or after June 30, 2008 will be subject to the changes in Section 535.92(f) of the Commission rules regarding late MCE. Brokers and salespersons who renew active without having completed MCE requirements prior to the renewal date must pay a $200 deferral fee and must complete the required MCE within 60 days of the effective date of the renewed license. The license will remain active. Failure to pay the deferral fee and complete the required MCE hours within the 60-day period will result in the license being placed on INACTIVE status during which time a licensee must cease doing business. If such a licensee is a broker, all salespersons sponsored by that broker will revert to inactive status. To return to active status a licensee must complete the required MCE hours; pay the deferral fee of $200 AND a $250 penalty (total $450); as well as submit the appropriate form, “Application for Broker to Return to Active Status” or “Salesperson Sponsorship Form”, and $20 filing fee.
- New "24 hour MCE Rule" - As of September 1, 2007, a licensee who takes an online MCE course will not be allowed to complete an online course in less than 24 hours. If a licensee has paid their renewal fee and begins an online MCE course for renewal purposes on the day their license expires, credit will not be awarded for completing the course on that day(regardless of how many hours credit the course awards). If this occurs, the licensee's MCE will be considered late and a $200 Late MCE penalty fee will be assessed.
|
I want to renew and my license is currently . . .
Inactive Individual Broker Licenses
A broker whose license is inactive who returns to active status, must complete MCE hours only if MCE hours had been required for the last renewal had the license been on active status. To return to active status, the licensee must complete the MCE hours during the two years prior to filing the reactivation form. To return to active status a broker must file an  Application by Broker to Return to Active Status Form.
A broker on inactive status as of January 1, 2005 who wishes to return to active status, must take a three hour legal update course and a three hour legal ethics course created for and approved by TREC to satisfy the six legal hours of mandatory continuing education required by Occupations Code §1101.455 if the broker did not meet the previous MCE requirements prior to January 1, 2005.
A broker on inactive status as a result of filing late MCE pursuant to Section 535.92(f) of the Commission rules effective for renewals on or after June 30, 2008 must complete required MCE hours; pay the deferral fee of $200 AND the $250 penalty fee (total $450); and submit an Application for Broker to Return to Active Status form and $20 fee.
Go on to the 3 Steps to Renewing Your Individual Broker License below.
Expired Individual Broker Licenses
- General MCE requirements for late renewal
A late renewal applicant for a broker license must take a three hour legal update course and a three hour legal ethics course created for and approved by TREC to satisfy the six legal hours of mandatory continuing education required by Occupations Code §1101.455 if the applicant did not meet the previous MCE requirements prior to January 1, 2005.
- Expired 2 years or less
A broker whose license has been expired not more than 2 years, who files an application to reinstate that license on active status, must complete the MCE hours within the two year period prior to filing the Broker Late Renewal Application. If the hours have not been completed when the late renewal is filed, the license will be renewed on an inactive status. To return to active status, see Inactive Individual Broker Licenses (on this page, above) .
- Expired 6 years or less
A broker whose license has been expired more than 2 years but not more than 6 years, who files an application to reinstate that license on active status, must complete the MCE hours during the two year period prior to filing the Broker Late Renewal Application and must pass the licensing exam. If the MCE hours have not been completed when the exam is passed, the license will be renewed on an inactive status. To return to active status, see Inactive Broker Licenses (on this page, above).
A licensee, whose license has been expired not more than 6 years, can file a Broker Late Renewal Application to reinstate that license on inactive status and no MCE is required. To return to active status, see Inactive Individual Broker Licenses (on this page, above).
Please Note: If an individual broker's license expires or is placed on inactive status, all salespeople sponsored by that broker will be placed on inactive status.
- Expired more than 6 years
A broker whose license has been expired more than 6 years, must reapply for licensure. The applicant must meet salesperson  application requirements (including education), file an original Salesperson License Application and pass the salesperson licensing exam.
If not required to reapply (as determined above), go on to the 3 Steps to Renewing Your Individual Broker License below.
3 Steps to Renewing Your Individual Broker License
- Note the Renewal Filing Deadline
This deadline date will be printed on your renewal notice, which is sent to you at the address of your sponsoring broker approximately 90 days before your renewal filing deadline.
- Meet All Education Requirements
MCE REQUIREMENTS
All active brokers are required to complete MCE for an active license renewal. The MCE requirement is 15 classroom (clock) hours of TREC approved MCE courses. At least six of the 15 hours must consist of a three hour legal update course and a three hour legal ethics course created for and approved by TREC to satisfy the six legal hours of mandatory continuing education required by Occupations Code §1101.455. A licensee cannot obtain credit for a course that was not approved for MCE at the time the course was conducted. A course may not be repeated for credit during the same license period.
MCE course providers are responsible for notifying TREC when a licensee has completed an MCE course. However, if you are seeking MCE elective credit for the following types of courses, you must forward your documentation to TREC:
- Core real estate course
- Out of state continuing education course
- A course approved by the State Bar of Texas for MCLE participatory credit
A broker that completes a core real estate course to satisfy MCE requirements, must file the course completion certificate with TREC.
Texas licensees who hold a license in another state and have completed continuing education to renew the out of state license may have those courses evaluated for MCE elective credit. An MCE Credit Request for an Out of State Course form and the course completion certificate, should be submitted to request such credit.
Brokers who complete real estate courses of at least 1 hour in length which are approved by the State Bar of Texas for MCLE participatory credit, can apply to TREC for elective credit for those courses. An MCE Credit Request for State Bar Courses and the course completion documentation should be submitted to request such credit.
TREC-approved MCE providers can be located through our  Education Providers page.
If the renewal fee is paid and a license is renewed in an active status the required MCE hours must be completed during the term of the license. If not, the licensee will be subject to a $200 deferral fee. If the fee is not paid and the hours not completed within 60 days of the expiration date of the license being renewed, the license will be placed on inactive status during which time a licensee must cease doing business. All salespersons sponsored by the broker will also revert to inactive status. To return to active status a licensee must complete the required MCE hours; pay the deferral fee of $200 and a $250 penalty (total $450); as well as submit an Application for Broker to Return to Active Status form and $20 fee.
- Submit Your Renewal Payment Online
You'll receive your License Renewal Notice postcard approx. 90 days before the renewal filing deadline.
Renew your license and pay online on the TREC web site.
Note: You must pay a renewal fee to renew your license.
|
|
|
= Page is in area (folder tab) of this color
= Adobe PDF file format
