Part III. Renewal/Reinstatement
18VAC25-21-80. Notice of renewal.
Licenses issued under this chapter will be issued for a two-year period. Each license holder, corporation, or firm will be required to renew the license by submitting the proper fee with verification of current surety bond coverage as detailed in 18VAC25-21-30. By renewing the license, the licensee is certifying continued compliance with the Standards of Practice in Part IV (18VAC25-21-100 et seq.) and Standards of Conduct in Part V (18VAC25-21-180 et seq.), as well as Continuing Education Requirements in Part VII (18VAC25-21-230 et seq.) of this chapter.
Statutory Authority
§§ 54.1-201 and 54.1-602 of the Code of Virginia.
Historical Notes
Derived from VR150-01-2:1 § 3.1, eff. August 1, 1995; amended, Virginia Register Volume 23, Issue 21, eff. August 1, 2007; Volume 32, Issue 1, eff. November 1, 2015; Volume 42, Issue 1, eff. October 1, 2025.
18VAC25-21-90. Failure to renew.
A. Any licensee who fails to renew a license within 30 days after the license expires will be required to pay a late renewal fee.
B. Any licensee, including individuals initially licensed pursuant to § 54.1-603 A of the Code of Virginia, who fails to renew a license within six calendar months after the expiration date of the license will be required to apply for reinstatement of the license. The applicant must submit to the board a reinstatement application and fee and the following will apply:
1. If the license has been expired for six months or more, but less than two years, the applicant will be required to submit a reinstatement application, which will be evaluated by the board to determine if the applicant meets the renewal requirements. In addition, individual license holders applying for reinstatement are required to provide evidence of compliance with the continuing education requirements as contained in this chapter. A license that is reinstated will be deemed as having been continuous without interruption. Nothing in this chapter divests the board of its authority to discipline a license holder for a violation of the law or regulation during the period of time for which the licensee was licensed.
2. If the license has been expired for two years or more, the applicant will be required to submit a new application and meet current entry requirements that are in effect as of the date the application is received by the board office. The applicant will be required to submit the examination fee and sit for and pass the Virginia Licensed Auctioneer's Examination or comply with the provisions contained in 18VAC25-21-40. Any auctioneering activity conducted between the time the previous license expired and the effective date of the new license may be considered unlicensed activity.
D. The date that the complete renewal application, including fees and all required documentation, is received by the board or its agent will determine whether a license will be renewed without penalty or will be subject to reinstatement requirements.
Statutory Authority
§§ 54.1-201 and 54.1-602 of the Code of Virginia.
Historical Notes
Derived from VR150-01-2:1 § 3.2, eff. August 1, 1995; amended, Virginia Register Volume 18, Issue 7, eff. February 1, 2002; Volume 23, Issue 21, eff. August 1, 2007; Volume 32, Issue 1, eff. November 1, 2015; Volume 42, Issue 1, eff. October 1, 2025.
18VAC25-21-95. Board discretion to deny renewal or reinstatement.
The board may deny renewal or reinstatement of a license for the same reason as it may refuse initial licensure or discipline a licensee. The licensee has the right to request further review of any such action by the board under the Administrative Process Act (§ 2.2-4000 et seq. of the Code of Virginia).
Statutory Authority
§§ 54.1-201 and 54.1-602 of the Code of Virginia.
Historical Notes
Derived from Virginia Register Volume 32, Issue 1, eff. November 1, 2015.