If a licensee fails to complete the 25-hour post-licensing requirements within the first year, what is the consequence?

If a licensee does not complete the 25-hour post-licensing education requirement within the designated one-year period, the consequence is that the license will lapse. This means that the individual will not be able to engage in any real estate activities until they meet the necessary educational requirements and reinstate their license.

When a license lapses, it indicates that the individual is no longer in good standing with the licensing authority, which is critical for maintaining the ability to practice legally in the real estate profession. The lapse requires the licensee to rectify the situation by fulfilling the educational requirements and potentially meeting any additional stipulations set by the state’s real estate commission to reinstate their active license status.