1301:5-1-22 Three year renewal.

(A) All licenses issued after January 1, 2006 shall be renewed on a three year renewal cycle in accordance with paragraph (C) of this rule.

(B) Licenses in effect on January 1, 2006 including inactive salespersons licenses, brokers licenses on deposit and suspended licenses shall be renewed in accordance with this paragraph in order to coordinate subsequent renewals with the licensee’s continuing education requirements.

(1) Licenses for which continuing education is due in 2006 shall be renewed on the licensee’s birthday in 2006 for a three year period for a fee that is three times the renewal fee for one year for that license.

(2) Licenses for which continuing education is due in 2007 shall be renewed on the licensee’s birthday in 2006 for a one year period for the renewal fee for one year for that license.

(3) Licenses for which continuing education is due in 2008 shall be renewed on the licensee’s birthday in 2006 for a two year period for a fee that is two times the renewal fee for one year for that license.

(C) All licenses renewed on a timely basis on or after January 1, 2007 shall be renewed for a three year period for a fee that is three times the renewal fee for one year for that license, and shall be due on the licensee’s birthday in the calendar year during which the licensee’s continuing education is due.

(D) For the purposes of this rule, “license” shall include real estate broker licenses issued in accordance with section 4735.06 of the Revised Code, and real estate salesperson licenses issued in accordance with section 4735.09 of the Revised Code.

R.C. 119.032 review dates: 12/22/2006 and 06/30/2011

Promulgated Under: 119.03

Statutory Authority: 4735.10

Rule Amplifies: 4735.10, 4735.14

Prior Effective Dates: 11/13/2003