If a licensee fails to renew her license, when will the kentucky real estate commission cancel it?

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Renewal of a license on active status requires 12 hours of continuing education (see Continuing Education or login to your record for further information).

The two-year renewal fee is $125.00 for a salesperson and $175.00 for a broker.

If circumstances do not allow for timely completion of the hours by the expiration date, the licensee may renew late once the hours are complete or change to inactive status and renew.

Licensees who submit an incomplete renewal or who do not renew must stop performing activities that require a license after the current license expires.

If a supervising or branch broker does not timely renew, another broker may take over (REC-450 Change Supervising Broker Form).  Otherwise, all affiliated licensees must move to another company or change to inactive status and the company must  close (REC-440 Close Company Form).

Renewal of a license on inactive status does not require continuing education but the hours must eventually be completed to change to active status. Licensees who request reactivation after two years on inactive status will be subject to additional education requirements. Licensees who request reactivation after five years must complete the initial examination.

An inactive license will expire if not renewed.

If a supervising or branch broker requests renewal on inactive status, another broker may take over (Change Supervising Broker Form, REC-450). Otherwise, all affiliated licensees must move to another company or change to inactive status and the company must close (Close Company Form, REC-440).   

License Fees

Initial Sales Associate License Application Fee

If going directly into Inactive Status $120
If becoming an Active Agent $130
There is an additional $10 E&O Processing added to the $120 licensing fee.

Initial Broker Application Fee (upgrading from sales associate) $60

Renewals for Licensees (Due by March 31st of every two years)

If in Inactive Status $120
If an Active Agent/ Broker $130
There is an additional $10 E&O Processing added to the $120 renewal fee.

Opening a New Office $10
This also applies if the office is changing Principal Brokers, but no other information.

Physical Changes to the License

Firm Name/Address Change $10
Affiliation Change (of Specific Licensee) $10
Commence Inactive Status $10
Terminating Inactive Status $30
Licensee Name Change $10

Education Fees

Broker Education Review $10

Education Provider Approvals

Contact the Education Coordinator for the breakdown of the fees associated with provider and course approvals.

Miscellaneous Fees

Examination (Not paid to KREC) $100
License History Certification $10 per copy
Open Records Request (.10 per page) Fee Varies

Late Fees

Continuing Education/CORE $500
Late Renewal Fee $200

These late fees are the fee for the late transaction ONLY. This does NOT include the process fee listed above. If the licensee has a cancelled license, the licensee may be subject to additional fees in order to reactivate the license.

What's the fine for Kentucky licensees who fail to complete CE requirements?

What is the deadline to renew a Kentucky real estate license?

Under what circumstances are licensed Kentucky commission members automatically removed from the commission?

How many days do Kentucky licensees have to notify KREC about changes to their situation that affect their license?