What occurs to a salesperson's license if they fail to pay their annual renewal fee?

If a salesperson fails to pay their annual renewal fee, the appropriate outcome is that the license is "killed." This terminology refers to the cancellation of the license, which implies that the individual can no longer legally operate as a licensed real estate professional. In Montana, the renewal of a license is mandatory to ensure that licensees remain compliant with the current regulations and maintain their qualifications. Failing to pay the renewal fee signifies a lapse in maintaining the required status, and as a result, the license is effectively terminated. This underscores the importance of staying on top of renewal deadlines and fees to ensure continued practice in the real estate industry.