What must a broker do to reinstate a license that expired two days ago?

To reinstate a license that has expired, a broker is required to pay all unpaid license fees along with the required reinstatement fee. This action ensures that the broker is fulfilling their financial obligations to the licensing authority, which is crucial for maintaining the validity of their license.

Upon expiration, a broker typically loses their legal ability to operate until the license is reinstated. As part of the reinstatement process, determining any outstanding fees and remitting those fees promptly is essential. This step not only demonstrates compliance with regulations but also allows for a direct and efficient pathway to restore the license status.

Other options, while they may sound plausible, do not capture the necessary steps required for the specific situation. For instance, completing an additional training course may be a requirement in different circumstances but is not mandated solely based on a two-day expired license. Waiting for a grace period does not typically apply when the expiration is so recent, as immediate action is generally advised. Finally, submitting a new application may not be necessary if the broker can reinstate their current license, as the focus is on revival rather than starting over. This reinforces the importance of handling fees as a primary part of the process in reinstating a recently expired license.