(a) The Commission shall issue a license to each applicant who meets the requirements of this chapter for licensure as a real estate service provider and who pays the fees prescribed by the Division.
(b) A licensee may obtain an additional license and become affiliated with an additional broker if the licensee:
(1) Obtains, from an additional broker, a written commitment providing that the licensee shall become affiliated with the broker on the granting of an additional license to the licensee;
(2) Gives each broker with whom the licensee is currently affiliated written notice that the licensee intends to affiliate with an additional broker;
(3) Obtains from the broker with whom the licensee is currently affiliated, and from the additional broker, written approval of the licensee's intent to affiliate with an additional broker; and
(4) Complies with the application procedures applicable to additional licenses set forth in the rules and regulations.
(c) On or before the biennial date established by the Division, each licensee shall make application to the Commission for a renewal of license and make payment of the fees prescribed by the Division. The renewal application shall be made online, pursuant to the Commission's rules and regulations.
(d) In addition to the other provisions of this section, each licensee applying for renewal shall be required to successfully complete in the 2-year period prior to the established renewal date continuing education hours in an amount and subject matter as prescribed by the rules and regulations of the Commission. Each licensee at the time of license renewal shall be required to certify to the Commission that he or she has completed the required number of hours in approved courses, seminars and lectures. The Commission shall publish guidelines as to acceptable courses of instruction, seminars and lectures, and shall keep the guidelines current.
(e) At the time of renewal, each licensee shall disclose whether he or she has had any criminal convictions since the last license renewal.
(f) The Commission shall, in its rules and regulations, determine the period of time a licensee may still renew a license if the licensee has failed to renew on or before the established renewal date.
(g) An individual whose license has lapsed may apply to the Commission for reinstatement pursuant to the rules and regulations.