Upon expiration of the grace period, what must be paid for a license renewal?

Upon expiration of the grace period, what must be paid for a license renewal?

• A. New application fee
• B. Renewal fee and delinquent fee
• C. Only the renewal fee
• D. Late registration fee only

Answer: (B)

To renew a license after the grace period has expired, the individual must pay both the renewal fee and a delinquent fee. The renewal fee is the standard amount required to maintain the validity of the license, while the delinquent fee reflects the additional cost incurred for failing to renew the license within the designated time frame. This incentivizes timely renewals and compensates the licensing authority for any administrative costs associated with the late renewal process. In contrast, simply paying a new application fee would apply if the license had lapsed beyond a certain time period, necessitating a complete reapplication. Paying only the renewal fee is insufficient since it does not account for the grace period's expiration. Similarly, a late registration fee alone would not cover the necessary costs associated with renewing a license after the grace period, as it doesn’t include the standard renewal fee.

To renew a license after the grace period has expired, the individual must pay both the renewal fee and a delinquent fee. The renewal fee is the standard amount required to maintain the validity of the license, while the delinquent fee reflects the additional cost incurred for failing to renew the license within the designated time frame. This incentivizes timely renewals and compensates the licensing authority for any administrative costs associated with the late renewal process.

In contrast, simply paying a new application fee would apply if the license had lapsed beyond a certain time period, necessitating a complete reapplication. Paying only the renewal fee is insufficient since it does not account for the grace period's expiration. Similarly, a late registration fee alone would not cover the necessary costs associated with renewing a license after the grace period, as it doesn’t include the standard renewal fee.