What happens if I do not renew my IN license on time?
If you submitted an application, but it was postmarked after the expiration., you will need to include a $50 late fee with your renewal application. Otherwise, your license will no longer be considered active. An inactive license is not cause for disciplinary action, but do keep in mind that you are no longer legally able to act as a real estate broker in Indiana.
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You can renew your Indiana real estate broker license at the state's online portal mylicense.in.gov, or you can print the real estate broker renewal form and mail it in. Renewing your broker license has a $60.00 fee.
Indiana renews their broker’s licenses in three-year cycles. The Commission typically opens the renewal period in March for any licenses set to expire on June 30th a given year. You will be notified that you need to renew your license by email.
You will need to take a Commission-approved post-licensing course of 30 hours within the first two years of receiving your active license. You will then need to complete an additional 12 hours of continuing education in your third year.
You renew an inactive Indiana real estate broker license by completing the same renewal forms as an active license. You can go through the renewal process online or by printing and mailing in this form.
The Commission will send you an email when it is your time to renew your real estate license. The email will contain information about the renewal window. You must submit your renewal application within this time, or your license will become inactive. You will also owe a late fee if you submit after the window closes.
You can receive a continuing education requirement waiver if you happened to serve in the armed forces or had an incapacitating illness for at least one full year of the three-year licensure period.
If you do not renew your Indiana license on time, it will be reclassified as an inactive license, and you will not be able to legally act as a real estate broker. If you submitted your application late, you will have to pay a $50 late fee.
You can reinstate your broker license by submitting an application for reinstatement. You will need to make sure you meet the licensing requirements, such as fulfilling your continuing education demands. There is a $60 renewal fee. However, if your license has been expired for three years or more, the fee is $120.