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Real Estate Brokerage Branch Office

Real estate brokerage branch office means an additional location affiliated with a real estate agency licensed by the Department of Professional and Financial Regulation to engage in real estate brokerage services through its designated broker, associates or employees.

How to apply

Fees
  • Application/License fee: $80
Term
  • Biennial (2 years)
Requirements

General Requirements

SPECIFIC REQUIREMENTS

Every branch license applicant must:

  • Be affiliated with a currently-licensed agency.
  • Have a fixed and definite place of business.
  • Note that the Designated Broker for the main office is also responsible for the branch office. A branch manager who holds a broker license may be authorized by the Designated Broker.

Other Requirements

  • Agents currently affiliated to the main office who will be staffing the branch office are encouraged to file a change of license application to change their affiliation to the branch location.

Renewal fees and information

Fees
  • Biennial renewal fee is $80.00.
  • A $50.00 late fee is assessed for licenses renewed after the expire date.
Terms
  • Two (2) Years
    This license renews biennially on the anniversary of the original license.
Requirements
  • This license must be renewed on or before the expire date by submitting the renewal application and payment of the prescribed fee for the agency to remain properly licensed to conduct real estate brokerage.
  • A branch office whose application for renewal is submitted more than ninety (90) days after the license expire date is subject to all requirements governing new branch office applicants and is required to reapply with original branch officeapplication, documentation and fees to reinstate the license.
  • Renewal reminders are mailed at least 30 days prior to the license expire date. It is the designated broker's responsibility to keep the Commission informed of the current license address and to see that the license is renewed absent the renewal application. This license may be renewed online up to sixty days prior to expiration.
Renew Now
  • Fill out the online renewal application and submit.

    The Department must verify that you have met all the conditions for renewal before your license is renewed. Online submission of your renewal application should not be construed as automatic renewal of your license.

Warning: By submitting a renewal application in any form by any method, the licensee is certifying that all requirements for renewal have been met prior to submission of the application, including the full continuing education requirement. Submission of the renewal application also constitutes certification of the licensee's understanding that the Commission will rely upon the information submitted for issuance of a license and that sanctions may be imposed, including suspension or revocation of the license, if the certification is found to be false.

 

Last Updated: July 25, 2008