Section 5-305 - Renewal of registration number or certificate.
§ 4.5-305. Renewal of registration number or certificate.
(a) Expiration and renewal in general.-
(1) Unless renewed under this section, a registration or registration certificate expires on the second anniversary of its effective date.
(2) A registrant or registered sales representative that meets the requirements of subsection (c) of this section may obtain a renewal of a registration or registration certificate before the registration or registration certificate expires for an additional 2-year term.
(3) Once expired, a registration or a registration certificate may not be renewed.
(b) Application form and notice.- At least 60 days before a registration or registration certificate expires, the Unit shall mail the registrant or registered sales representative, at the last known address of the registrant or registered sales representative:
(1) a renewal application form; and
(2) a notice that states:
(i) the date on which the current registration or registration certificate expires; and
(ii) the date by which the Unit must receive the renewal application for a renewal to be issued and mailed before the registration or registration certificate expires.
(c) Procedure.- The Unit shall renew the registration or registration certificate of each registrant or registered sales representative that:
(1) submits to the Unit a renewal application on the form provided by the Unit;
(2) would qualify for an initial registration or initial registration certificate;
(3) (i) for renewal of a registration, pays to the Division a nonrefundable renewal fee based on the number of building permits for the construction of new homes issued to the registrant in the preceding calendar year as follows:
1. 10 or fewer new homes ............ $300; and
2. 11 or more new homes ............ $600; or
(ii) for renewal of a registration certificate, pays to the Division a nonrefundable renewal fee of $200; and
(4) is otherwise entitled to be registered.
[2000, ch. 522; 2001, ch. 560; 2002, ch. 530; 2004, ch. 430, § 1; 2006, ch. 456; 2008, chs. 480, 481.]