In the state of Florida, real estate licenses can become inactive through either voluntary or involuntary means. Here’s a brief explanation of the differences between voluntary inactive and involuntary inactive status:
Voluntary Inactive Status:
- Choice of the Licensee: Real estate licensees in Florida may choose to place their license in voluntary inactive status. This is a decision made by the licensee, typically due to personal reasons such as taking a break from real estate activities, pursuing other career opportunities, or any other personal circumstances.
- Duration: The licensee can keep the license in voluntary inactive status for a certain period without facing additional requirements. However, there might be continuing education requirements to reactivate the license when the licensee decides to return to active real estate practice.
- Control: The licensee has control over the decision to go into voluntary inactive status and can reactivate the license by fulfilling any necessary requirements.
- Here is the link to voluntarily inactive your license https://www.myfloridalicense.com/CheckListDetail.asp?SID=&xactCode=4020&clientCode=0601&XACT_DEFN_ID=2958
Involuntary Inactive Status:
- Imposed by the Regulatory Authority: Involuntary inactive status is typically imposed by the regulatory authority (such as the Florida Department of Business and Professional Regulation – DBPR) due to non-compliance with licensing requirements or other regulatory issues.
- Reasons: It may result from failure to complete required continuing education, failure to renew the license on time, or other violations of real estate licensing regulations.
- Reactivation Process: To return to active status from involuntary inactive status, the licensee may need to address the specific issues that led to the involuntary inactive status, which may include completing continuing education, paying fees, or resolving any compliance issues.
- Here is the link to involuntary inactive status https://www.parkplacenetwork.com/flinvoluntaryinactive
It’s important for real estate licensees in Florida to be aware of the specific requirements and procedures associated with both voluntary and involuntary inactive statuses. The Florida Department of Business and Professional Regulation (DBPR) is the authoritative source for up-to-date information on real estate licensing regulations in the state.