Fees for real estate brokers and real estate salespersons are as follows:
1.A fee of not more than two hundred dollars, as set by the commission, must
accompany an application for an individual's real estate broker's license and for each
annual renewal of the license.
2.For each license issued to a partnership, association, corporation, limited liability
company, trust, cooperative, or other firm or entity, foreign or domestic, and for each
annual renewal of the license, a fee of not more than two hundred dollars, as set by
the commission.
3.For an individual's real estate salesperson's license and for each annual renewal of
the license, a fee of not more than two hundred dollars, as set by the commission.
4.The commission shall set and collect reasonable fees to help offset the cost o
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Fees for real estate brokers and real estate salespersons are as follows:
1. A fee of not more than two hundred dollars, as set by the commission, must
accompany an application for an individual's real estate broker's license and for each
annual renewal of the license.
2. For each license issued to a partnership, association, corporation, limited liability
company, trust, cooperative, or other firm or entity, foreign or domestic, and for each
annual renewal of the license, a fee of not more than two hundred dollars, as set by
the commission.
3. For an individual's real estate salesperson's license and for each annual renewal of
the license, a fee of not more than two hundred dollars, as set by the commission.
4. The commission shall set and collect reasonable fees to help offset the cost of
operating the commission.
43-23-13.1. License renewal.
1. Every person licensed to practice as a real estate broker or real estate salesperson
shall register with the commission at a regular interval set by the commission not less
than annually and pay the appropriate renewal fee as provided in section 43-23-13.
The application for renewal must be accompanied by such certification as required by
this chapter and rules of the commission to show compliance with the educational
requirements of sections 43-23-08 and 43-23-08.2, and must be submitted to the
commission with the appropriate fee no later than the application deadline set by the
commission. A licensee that fails to file a timely application for the renewal of any
license and pay the renewal fee on or before the application deadline set by the
commission may file a late renewal application, together with the required educational
certification, on or before a date set by the commission and shall pay, in addition to the
renewal fee, a late fee as set by the commission for each month or fraction of a month
after the application deadline. Any license not renewed by the late renewal date set by
the commission must be canceled. The cancellation must be performed without any
notice or opportunity for hearing. Any person whose license has been canceled and
which desires relicensure must be required to satisfy the application and examination
requirements for prospective licensees in accordance with this chapter and rules of the
commission.
2. A licensee may not engage in any activity after the license renewal date set by the
commission of any year for which a license is required under this chapter unless that
person's license has been renewed by the commission.