18VAC135-20-70. Activation or transfer of license.
A. Any inactive licensee may activate that license with a licensed real estate firm or sole proprietorship by completing an activate form prescribed by the board.
1. A licensee who submits an activate application to the board must not conduct licensed activity with the real estate firm or sole proprietorship set forth in the application until the license is issued by the board.
2. Continuing education pursuant to § 54.1-2105.03 of the Code of Virginia must be completed within two years prior to activation of a license when the license has been inactive for more than 30 days.
3. Any licensee who has not been active with a licensed real estate firm or sole proprietorship for a period of greater than three years will be required to meet the existing prelicense educational requirements.
B. Any licensee may transfer from one licensed real estate firm or sole proprietorship to another by completing and submitting to the board a transfer application and the fee as set forth in 18VAC135-20-15.
1. The transfer application must include the signature of the new principal broker or supervising broker with signature authority who will be responsible for the licensee's real estate activities.
2. The transfer will be effective upon the new principal broker or supervising broker's execution of the transfer application.
3. For the transfer of a license between branch offices within the same licensed real estate firm or sole proprietorship, including from such firm's or sole proprietorship's primary place of business to one of its branch offices or from a branch office to another branch office under the same primary place of business, no fee will be charged.
Statutory Authority
§§ 54.1-201 and 54.1-2105 of the Code of Virginia.
Historical Notes
Derived from VR585-01-1 § 2.6, eff. July 15, 1987; amended, Virginia Register Volume 5, Issue 23, eff. October 1, 1989; Volume 7, Issue 14, eff. May 15, 1991; Volume 8, Issue 13, eff. May 15, 1992; Volume 11, Issue 18, eff. June 28, 1995; Volume 19, Issue 12, eff. April 1, 2003; Volume 31, Issue 26, eff. November 1, 2015; Volume 42, Issue 4, eff. November 5, 2025; Volume 42, Issue 14, eff. April 1, 2026.