Section Rea 401.02 - Renewals of Late or Lapsed License(a) All broker and salesperson renewal applicants who submit a completed renewal form up to 6 months after expiration shall be considered late and shall; (1) Pay the regular renewal fee described in Rea 301.02 and:(2) Provide copies of certificates showing completion of 9 hours of continuing education courses accredited by the commission pursuant to Rea 302, in addition to the credits claimed for renewal. The credit hours used towards late renewal shall not be used on any future renewals or used as credits towards future licenses.(b) All broker and salesperson renewal applicants who submit a renewal form after 6 months from expiration, but before 12 months from expiration, shall be considered lapsed and:(1) Submit a renewal form described in Rea 401.01, renewal fee described in Rea 301.02, and all required documents;(2) Provide a certificate of completion of a 40 hour pre licensing course described in Rea 302.04(g);(3) Submit a written document explaining why the applicant believes the period of time for lapse and the good cause meets the requirements of RSA 331-A:18, II. For purposes of this section, good cause shall include serious accident, illness, or other circumstances beyond the control of the applicant; and(4) The commission or designee shall grant the request to renew a lapsed license if the licensee meets the requirements of RSA 331-A:18, II.(c) All broker and salesperson renewal applicants who submit a renewal form 12 months or later from expiration shall be considered an original applicant and shall be required to complete all education, examination, and application requirements pursuant to Rea 301.01 and Rea 301.03.N.H. Admin. Code § Rea 401.02
Derived from Volume XL Number 7, Filed February 13, 2020, Proposed by #12977-B, Effective 1/23/2020, Expires 1/23/2020Amended by Volume XLII Number 45, Filed November 10, 2022, Proposed by #13464, Effective 12/17/2022, Expires 12/17/2032