58-3049. Deactivated license.
- The license of a broker or salesperson may be deactivated upon
request of such broker or salesperson and return of the license to
the Commission. Such license shall be held in the office of the Commission
for the period that it remains deactivated.
- A license which is deactivated and which is not suspended or
revoked may be reinstated at any time during the period for which
the license is issued and may be renewed upon an application and the
payment of the renewal fee. Compliance with K.S.A. 58-3046a and amendments
thereto, is not required for renewal of a license which is deactivated.
- Any license which is deactivated for a period of not more than
two years and which is not suspended or revoked shall be reinstated
if the applicant complies with the requirements of K.S.A. 58-3046a
and amendments thereto for the immediately preceding license period
and pays the fee for reinstatement prescribed by K.S.A. 58-3063 and
amendments thereto. Any license that has been deactivated for a continuous
period of more than two years shall be reinstated only if the license
has not been suspended or revoked and the licensee meets such requirements
for reinstatement as established by the Commission.
- A broker whose license is deactivated need not maintain the
place of business required by K.S.A. 58-3060 and amendments thereto.
- A licensee whose license is deactivated shall not be entitled
to act in any capacity for which a license is required until the licensee's
license has been reinstated.
(History: L. 1980, ch. 164, § 16; L. 1985, ch. 188, § 4;
July 1.)
