How does it happen? What must you do? Can you continue to sell real estate?
There are four reasons your license may be suspended by the Ohio Division of Real Estate and Professional Licensing:
- Your continuing education was not submitted on time;
- You did not pay your annual renewal by your birthday;
- The broker/brokerage license is suspended;
- The Ohio Real Estate Commission has suspended the license for some type of law or rule violation.
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No matter the reason for your suspension, either a Broker Transfer/Reactivation or a Sales Transfer/Reactivation Application must be completed and returned with your original license. The appropriate fee for reactivation must accompany your application.
Put your request in writing to your broker/brokerage for the return of your original license. Fax or mail a copy of your written request to the Division of Real Estate. This is important because a broker has (three) 3 business days from the time the Superintendent of the Division is notified that you have requested the return of your license (ORC 4735.13). The Division wants to process your application as quickly as possible, but we cannot complete your application until the original license is returned to the Division.
The date on your new license will be the date the Division receives all the correct paperwork, the original license and fees. The change will not appear on our website until your application is actually processed on our internal computer system. The processing date is always later than the license date due to internal processing time.
You cannot continue to engage in real estate activity while you are in a suspended status. |
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ACTIVE License All renewal fees have been paid, your education is up to date and you have your license with a broker.
INACTIVE License You cannot work; your license has been sent back to the Division and will be held at the Division until you submit an application to reactivate the license. The license may remain in this status indefinitely as long as your education requirements are current and your annual renewal fee has been paid.
Reprinted from the Ohio Department of Commerce Division of Real Estate and Professional Licensing Winter 2003/2004 Newsletter. |