Check Your Understanding Answers
- What is the continuing education requirement for all real estate licensees in California?
The continuing education requirement is 45 hours every four years to renew a license.
- What happens if a licensee fails to renew his or her license prior to its expiration?
The person may legally renew the license within two years from the expiration by submitting a proper application, evidence of completion of the current continuing education requirements, and the appropriate late renewal fee.
If the person waits longer than two years, he or she must re-qualify through the examination process.
- How would a broker’s license expiring affect the broker’s affiliated licensees?
The licenses of the affiliated licensees are automatically placed on non-working status until the broker renews his or her license.
- Describe when a licensee may be issued a restricted license.
The Commissioner may issue certain types of restricted licenses when a license has been suspended, revoked, or denied after a hearing.
