OAR 863-014-0075: Reissuing Suspended License

(1) The Agency may reissue an unexpired real estate license that has been suspended by order of the Commissioner if the licensee makes a written request to the Agency that such license be reissued and pays the required fee within 30 days after the close of the suspension period. (2) If the licensee fails to act within 30 days, the license becomes inactive and may be reactivated only pursuant to OAR 863-014-0065. (3) If the license expires before the request for reissuance, the Agency will renew the license within the 30-day period only pursuant to OAR 863-014-0050. (4) A license reissued under this rule is effective for licensing purposes when the Agency receives all required forms and fees. (5) A suspended license may not be renewed. (6) If the license remains suspended, and is not reissued and renewed under OAR 863-014-0050 within one year of expiration , the license has lapsed. To become licensed again, the former licensee must reapply and meet all of the licensing qualifications required of a new license applicant.