Real Estate Commission Applicants & Licensees License Reinstatement All real estate licenses expire on January 31 of even-numbered years regardless of when first issued, except new licenses issued within 90 days of the expiration date will be issued to the next biennium. If you have not renewed by January 31, 2018 you must reinstate your license. To reinstate a lapsed license you are required to submit: A completed Application to Change License Status, #08-4076, revised 12/01/175 A certificate(s) of completion of 20 hours of continuing education for the 2016-2018 licensing period The fee of $505.00 ($230.00 license and recovery fund fee, $275.00 reinstatement fee) For licensees licensed for less than a year, the fee is at a prorated rate of $405.00 ($130.00 prorated licensing fee and recovery fund fee, $275.00 reinstatement fee) Application to Change License Status #08-4076, Revised 12/01/17. BROKERS: If you are a Broker and you did not renew your license is lapsed and your office will be closed. You will need to reinstate your license AND open a new office.