(A) All licenses issued shall be renewed on a three year renewal cycle in accordance with paragraph (B) of this rule.
(B) All licenses renewed on a timely basis 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 occurring immediately after the licensee's date of initial licensure and on the licensee's birthday every three years thereafter.
(C) 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: 06/25/2012 and 06/30/2016
Promulgated Under: 119.03
Statutory Authority: 4735.10
Rule Amplifies: 4735.10 , 4735.14
Prior Effective Dates: 11/13/2003, 1/1/06