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No, the State does not "hold" licenses. A licensee can choose to become inactive and then reinstate within two years from the expiration date without testing simply by submitting a reinstatement form with all back license fees and late fees. •
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified real estate lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local real estate attorney to discuss your specific legal situation.