Tag Archives: renew a license

State Regulators Encourage Licensees to Renew Early through NMLS

Submitting a NMLS license renewal request takes only a few minutes and can save hours of work if the license was to expire

By Jeff Sorg, OnlineEd Blog

time to renew clock(October 28, 2015) – In an effort to remind individuals and businesses to renew their licenses early, the State Regulatory Registry, LLC (SRR), operator of the Nationwide Multi-state Licensing System (NMLS), will launch its second annual “Your License is Your Business” campaign on November 2nd.

November 2nd also marks the first day renewal applications will be available online.

The goal of this nationwide campaign is to remind businesses and individuals working in non-depository financial services that “Your License is Your Business” and early renewal will lower the likelihood of licenses being terminated after December 31.

Submitting a license renewal request takes only a few minutes and can save hours of work later if the license was to expire.

To help promote the renewal campaign, SRR has launched a new Twitter account @NMLSInfo, where licensees may go to learn more and get timely updates on renewal-related news such as key dates, education opportunities, information sources, and much more.

More information about renewing through NMLS can also be found on the Streamlined Annual Renewals page of the NMLS Resource Center.

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 All information contained in this posting is deemed correct as of the date of publication, but is not guaranteed by the author and may have been obtained by third-party sources. Due to the fluid nature of the subject matter, regulations, requirements and laws, prices and all other information may or may not be correct in the future and should be verified if cited, shared or otherwise republished.

How to Renew Real Estate License: Oregon Expired Real Estate License

(OnlineEd – Portland, OR) The Oregon Real Estate Agency will renew an expired real estate license to either active or inactive status, when the licensee renews within one year of the date the license expired. The license must be renewed online at the Agency web site: http://www.oregon.gov/REA/index.shtml

  • Once the expired licensee has created or accessed their account,the licenseewill be required to electronically:
    • Pay the required renewal fee;
    • Complete the online renewal form;
    • Certify that continuing education requirements have been met; and
    • Electronically attest to the truth of the statements made during the online renewal process.
  • Once the renewal process has been completed, the license will be renewed for another term.

When the Agency renews an expired license, the renewed license is effective the date the renewal requirements are met. The renewal is not retroactive to the date the license expired and an expired license retains the status of expired during the expiration period. An expired license renewed following the renewal procedures expires two years from the date of the original expiration date.

If you are looking for more information regarding renewing an active real estate license, check out our other blog post, How to Renew Your Active Oregon Real Estate License.

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OnlineEd is an Oregon Real Estate Agency Certified Continuing Education Provider under Number 1038. For more information about OnlineEd or to complete pre-licensing or continuing education, please visit their Web site, www.OnlineEd.com