A Broker has three years without penalty to complete the required 120 hours of continuing education.
If they go into the 4th year it is a $50 per month penalty added to the renewal. If they do not complete them in 4th year then they Must Downgrade.
A Broker can downgrade to an Affiliate Broker at any time by sending an email to TREC.email@example.com stating they wish to downgrade to an Affiliate Broker. A licensing specialist will then open the downgrade application in core.
To Upgrade to Broker After Downgrade
They would need to retest to become a Broker again.