Renewing A Licence & Cpe
ANNUAL LICENCE RENEWALS
All licences issued by the Commission expire annually on July 1st. Licence renewal forms are mailed to brokerages in May. All licence renewal applications must be received by the Commission by no later than June 15th. Failure to do so may result in financial penalties to the brokerage, per Bylaw 326.
Licensees must submit their individual licence renewal forms to their brokerage for submission to the Commission as one package. The Commission does not accept renewal application forms from individual licensees.
CONTINUING PROFESSIONAL EDUCATION
To be eligible for licence renewal, licensees are required to take annual continuing professional education (CPE). The Commission announces the annual CPE requirement in late summer, which must be completed by June 30th. Licensees who become licensed between January 1st and June 30th are not required to complete the current licensing cycle’s CPE to renew their licence on July 1st of that year.
Failure to meet CPE requirements by June 30th means that your licence will not be renewed and your name may be published for failure to meet this requirement (see Bylaw 839). Licensees who do not complete their CPE on time are not eligible to renew their licence.
Licensees may apply for a 30-day extension of their licence if their CPE requirements are not met by June 30th. Any remaining CPE credits must be completed by the end of the 30-day extension or their licence will not be renewed and the licensee must cease all trading activity, including advertising.