What is the fee to change a licensee's status from active to inactive?

The fee to change a licensee's status from active to inactive is set by the regulatory body governing real estate practices in Louisiana. In this case, the amount of $45 is established as the cost for processing such a change. This fee helps cover administrative expenses involved in managing the licensing status and maintaining updated records for real estate professionals.

It is important to be aware of these fees as they can vary and may change over time due to policy revisions or fee structure adjustments by the governing body. Each state can have its own specific regulations and fee schedules, so being familiar with Louisiana's rules is crucial for real estate professionals practicing there. Understanding the significance of this fee can assist licensees in planning for potential future changes in their license status.