Difficulty: Medium

Average Score: 57%

A real estate salesperson's license has been placed on inactive status at his own request. What other action MUST be performed

Rationale

Return of the signed license certificate to the Board by the principal broker.

When a real estate salesperson requests to place their license on inactive status, the signed license certificate must be returned to the Board by the principal broker to officially acknowledge the change in status and maintain compliance with regulatory requirements.

A (Return of the signed license certificate to the Board by the principal broker) CORRECT

This action is mandatory and ensures that the Board has a record of the license's status change. The principal broker is responsible for submitting the signed license certificate, which is a critical step in processing the request for inactivity and complying with legal protocols.

B (Payment of a $10 deactivation fee) YOUR ANSWER

While fees may be associated with deactivating a license, they are not universally mandated in all jurisdictions. The requirement for a fee can vary and may not be applicable in every case of license deactivation, making this choice incorrect.

C (Approval by the broker of the deactivation request) YOUR ANSWER

Although it is important for the broker to be aware of the salesperson's request, formal approval from the broker is not a requirement for the license to be placed on inactive status. The salesperson can initiate the request independently without needing broker consent.

D (Notification in writing to the broker of the request for inactive status) YOUR ANSWER

While notifying the broker is a good practice, it is not a mandatory action that must be performed when placing a license on inactive status. The key requirement lies in the return of the signed license certificate to the Board.

Conclusion

In summary, placing a real estate salesperson's license on inactive status necessitates the return of the signed license certificate to the Board by the principal broker. While other actions may be advisable or common practice, they are not legally required to complete the deactivation process. Understanding these requirements is critical for maintaining compliance within the real estate profession.

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