California Codes, Business and Professions Code - BPC, Division 4 — Real Estate, Part 1 — Licensing of Persons, Chapter 3 — Real Estate Regulations, Article 4 — Fees, Section 10201
The holder of a license who fails to renew it prior to the expiration of the period for which it was issued and who has otherwise qualified for such license, may renew it within two years from such expiration upon proper application and the payment of a late renewal fee in an amount equal to one and one-half times the regular renewal fee in effect at the time the license is reinstated.
Notes
Allows a license holder who did not renew before expiration, but otherwise qualifies for the license, to renew within two years after expiration by submitting the proper application and paying a late renewal fee. The late fee equals one and one-half times the regular renewal fee in effect when the license is reinstated.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 10201 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-4/part-1/chapter-3/article-4/section-10201