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New Zealand law explained for everyone

Real Estate Agents Act 2008

Licensing - Surrender of licence

61: Voluntary surrender of licence

You could also call this:

"How to give up your real estate licence"

Illustration for Real Estate Agents Act 2008

You can give up your real estate licence by sending a written notice to the Registrar. You must include your licence with the notice. The Registrar will then cancel your licence and record this in the register. You are still responsible for paying any fees or money you owe under the Real Estate Agents Act. You must also do anything you were supposed to do under the Act before your licence was cancelled. You can still be held responsible for anything you did or didn't do before your licence was cancelled. The cancellation of your licence happens on the date it is recorded in the register.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1152040.

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Part 3Licensing
Surrender of licence

61Voluntary surrender of licence

  1. A licensee may, by written notice to the Registrar, surrender his or her licence.

  2. A written notice under subsection (1) must be accompanied by the licence.

  3. The Registrar must cancel the person’s licence and record the cancellation in the register.

  4. The cancellation takes effect on the date the cancellation is recorded in the register.

  5. The surrender of a licence under this section does not affect the licensee’s liability—

  6. to pay any fees or other money payable or to be payable in accordance with this Act on or before the date on which the licence would, but for its surrender, expire:
    1. to perform any obligation required to be performed by him or her by or under this Act on or before that date:
      1. for any act done or default made before the date on which the licence ceased to have effect.