Tom holds an active Alabama salesperson license affiliated with Metro Realty. He decides to take a break from real estate and asks AREC to place his license on inactive status. Six months later, he wants to return to practice. Under Alabama license law, which of the following statements accurately describes the requirements for Tom to reactivate his license?
Correct Answer
B) Tom must affiliate with a licensed Alabama broker and submit a reactivation request to AREC; no re-examination is required if the license has not expired.
Under Alabama license law and AREC administrative rules, a salesperson whose license is on inactive status may reactivate it by affiliating with a licensed Alabama broker and submitting the appropriate reactivation paperwork to AREC. Provided the license has not expired and continuing education requirements are current, re-examination is not required. The inactive status preserves the license; it does not void it. Per Alabama Administrative Code Chapter 790-X, reactivation requires broker affiliation and AREC notification.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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