What happens to a license that has not been renewed after January 1 in Hawaii?

In Hawaii, if a real estate license is not renewed after January 1, it is considered forfeited. This means that the license is no longer valid for conducting real estate activities. The forfeiture status implies that the licensee cannot legally operate in the real estate industry until they take the necessary steps to reinstate the license.

It's important for licensees to understand the implications of forfeiture, as it can impact their ability to earn income, work in the profession, and maintain their standing in the industry. Additionally, even though they may have a grace period or procedures for renewal, failing to complete the renewal process on time leads to forfeiture, which requires a more complex process to regain licensure.

Other options suggest different scenarios that do not align with Hawaii's regulatory framework. For instance, an active status would imply that the licensee can still practice legally, and being put on hold would indicate a temporary suspension rather than a forfeiture. Termination is also a different process and does not accurately reflect the situation of an unrenewed license. Thus, the classification as "forfeited" appropriately describes the consequence of not renewing a license in Hawaii after the deadline.