REAPER provides a free, fully functional 60-day evaluation period. For further use two licenses are available – a commercial and a discounted one. They are identical in features and differ only in price and target audience, with the discount license being offered for private use, schools and small businesses. Any paid license includes the current version with all of its future updates and a free upgrade to the next major version and all of its subsequent updates, when they are released. Any license is valid for all configurations (x64 and x86) and allows for multiple installations, as long as it is being run on one computer at a time.