What happens to a license that has not been renewed by June 30?

When a real estate license in West Virginia is not renewed by the deadline of June 30, the consequence is that the license expires. It is crucial to understand that a lapsed license can lead to various implications for the licensee, including the inability to practice real estate legally until it is renewed.

In addition to expiration, there is typically a late fee that is incurred when trying to reinstate the license after the deadline. This serves as a financial incentive for licensees to ensure they renew on time to avoid extra costs and interruptions in their ability to conduct business. Therefore, recognizing the importance of adhering to renewal deadlines is essential for maintaining an active status within the real estate profession.

The other options do not accurately reflect the procedures related to license renewal and expiration as outlined by West Virginia regulations.