A sales associate's employing broker's license has been suspended by FREC. The sales associate wants to continue working during the suspension period. What is the sales associate's status?
Correct Answer
B) Automatically becomes involuntarily inactive and cannot practice real estate
Correct: B - When a broker's license is suspended, all associated licensees automatically become involuntarily inactive and cannot practice real estate until registered with another broker. Why not A: Sales associates cannot work independently and must be registered under an active broker. Why not C: While they can transfer to another broker, they cannot practice during the gap period. Why not D: No real estate activities are permitted while involuntarily inactive.
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More Brokerage Activities Procedures Questions
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- → Sales associate David wants to create business cards for networking events. What must appear on his business cards to comply with Florida law?
- → Real estate broker Sarah discovers that her sales associate Mark has been placing earnest money deposits into his personal checking account instead of the broker's escrow account. Mark claims he always transfers the funds within 24 hours. What should Sarah do according to Florida law?
- → Earnest money deposits in Florida must be placed in escrow within:
- → Broker Thompson discovers that earnest money from a failed transaction has been sitting in his escrow account for 18 months. The buyer and seller cannot agree on disbursement. What is Thompson's best course of action under Florida law?
- → A Florida broker must register sales associates with DBPR within:
- → The difference between commingling and conversion:
- → Broker Martinez operates under the trade name 'Sunshine Realty' which is properly registered with the state. Can his sales associates use 'Sunshine Realty' in their advertising instead of Martinez's personal name?
- → Sales associate Mike wants to place a 'For Sale' sign on a listed property. Under Florida law, whose name must appear on the sign?
- → Sales associate Carmen wants to create business cards for networking events. According to Florida advertising requirements, what information must appear on her business cards?
- → According to Florida statute, what constitutes 'advertising' in real estate practice?
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