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Part 1601 Chapter 2: Fees

Rule 2.1 

The following fees are set by the Commission in accordance with Section 73-35-17:

  1. Application and one year’s use of license:
    • Broker ………………………………………………………………… $150.00 
    • Salesperson …………………………………………………………. $120.00
  • Application for license as a real estate broker issued for partnership, association, or corporation and one year’s use of license:
    • Partnership, association or corporation …………………….. $75.00 
    • Branch Office ……………………………………………………….. $50.00
  • Renewal fees for two-year period (Maximum):
    • Broker individual) ……………………………………………….. $150.00 
    • Broker (partnership, association, corporation) ………… $150.00

Salesperson …………………………………………………………. $120.00 

Branch Office ……………………………………………………… $100.00

 Penalty for late renewal within grace period – 100%

  • Changes:
    • Place of business change (active license only) ………….. $50.00
    • Each duplicate license ……………………………………………. $50.00
    • Each transfer of license ………………………………………….. $50.00
    • Status change from active to inactive status ……………… $25.00
    • Status change from inactive to active status ……………… $50.00
  • Check charge:
    • Each check returned not paid to the Commission ……… $25.00
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