Voluntary Cancellation of Registration

In case the broker or salesman decided to discontinue his practice as a real estate agent, the broker or salesman may apply in writing with the Board for the temporary cancellation of his registration provided that said broker or salesman must renew his/her license for the current year. If this was undertaken, and the broker or salesman decided to continue his/her practice after a period of time, shall not be penalized by the Board and/or the DTI for his/her non-renewal of registration.

Posted in: Real Estate Brokers and Salesmen