HLS 21RS-698 ORIGINAL
2021 Regular Session
HOUSE BILL NO. 258
BY REPRESENTATIVE EDMONSTON
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
REAL ESTATE/COMMISSION: Provides relative to renewal of real estate licenses and
timeshare registrations
1 AN ACT
2To amend and reenact R.S. 37:1442 and 1443(4), relative to real estate license and
3 registration renewal; to provide for renewal procedure; to provide for renewal
4 deadlines; to provide for an effective date; and to provide for related matters.
5Be it enacted by the Legislature of Louisiana:
6 Section 1. R.S. 37:1442 and 1443(4) are hereby amended and reenacted to read as
7follows:
8 §1442. License, certificate, and registration issuance and renewal
9 A.(1) Each license, certificate, or registration issued under pursuant to this
10 Chapter shall be:
11 (a) Effective issued for a period of one year.
12 (b) Renewed timely on or before September thirtieth annually.
13 (c) Expired and shall expire on December thirty-first following the date upon
14 which it is issued. Each license, certificate, or registration shall be renewed
15 annually.
16 (2) Conducting A licensee or registrant who conducts any activity authorized
17 by the license, certificate, or registration after the expiration of the license,
18 certificate, or registration shall be deemed a in violation of this Chapter. Licenses,
19 certificates, or registrations not renewed by January first shall be considered expired.
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HB NO. 258
1 B.(1) Any licensee or registrant who fails to renew timely may thereafter
2 renew upon payment of the license or registration delinquently by submitting all of
3 the following no later than December thirty-first annually:
4 (a) Payment of the appropriate renewal and delinquent fees prescribed by
5 this Chapter.
6 (b) A and upon filing of a complete renewal application.
7 (2) The period for delinquent renewal of an expired license or registration
8 shall be limited to the three-month period immediately following the expiration date
9 of the active license or registration. Failure A licensee or registrant who fails to
10 delinquently renew an expired license or registration during this three-month period
11 shall result in a forfeiture of by December thirty-first forfeits his renewal rights, and
12 shall require the former licensee or registrant shall be required to apply as an initial
13 applicant and meet all requirements of an initial applicant.
14 C. Any inactive licensee who fails to renew timely may thereafter renew
15 upon payment of the appropriate renewal fees and filing of a complete renewal
16 application. The period for delinquent renewal of an expired delinquent inactive
17 license will be limited to the three-month period immediately following the
18 expiration date of the inactive license. Failure to renew delinquently an expired
19 inactive license during the three-month period will result in the forfeiture of renewal
20 rights and will require the former licensee to apply as an initial applicant and meet
21 all requirements of an initial applicant.
22 D. Timeshare registrants who fail to renew timely may thereafter renew
23 within three months of the expiration of their registration upon payment of a
24 delinquency renewal fee; however, Notwithstanding any provision of law to the
25 contrary, registered timeshare developers of timeshare projects who qualify under
26 pursuant to Section 5 of Act No. 999 of the 1985 Regular Session of the Legislature
27 but and who fail to renew timely shall no longer qualify under pursuant to that
28 Section Act.
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HB NO. 258
1 §1443. Fees
2 The commission may charge:
3 * * *
4 (4) Delinquent fees, in addition to the renewal fee, if not renewed by
5 December thirty-first September thirtieth of the applicable license, or registration,
6 or certification period:
7 (a) January October 1 - February November 15 Active and inactive Inactive
8 Licensees
9 $50.00
10 (b) February November 16 - March December 31 Active Licensees
11 $200.00
12 (c) February November 16 - March December 31 Inactive Licensees
13 $50.00
14 (d) January October 1 - January December 31 Real estate schools, vendors,
15 and pre-license instructors
16 $ 50.00
17 * * *
18 Section 2. This Act shall become effective on April 1, 2022.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 258 Original 2021 Regular Session Edmonston
Abstract: Provides for the issuance and renewal time periods and delinquent fee of certain
real estate licenses and registrations.
Present law allows the La. Real Estate Commission to issue licenses, certificates, and
registrations.
Proposed law removes certificates.
Present law provides that each license or registration is issued for one year and expires on
December 31st following the date that the license was issued. Further, present law requires
a license or registration to be renewed by January 1st or it expires.
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HB NO. 258
Proposed law requires each license or registration to be renewed timely on or before
September 30th each year.
Present law provides a delinquent fee schedule based on the time frame that active licensees
and inactive licensees renew the expired license or registration.
Proposed law revises the time frames.
Present law allows timeshare registrants who fail to renew timely to pay a delinquency
renewal fee within three months of the expiration of their registration.
Proposed law repeals present law.
Effective April 1, 2022.
(Amends R.S. 37:1442 and 1443(4))
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