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Practice Of Real EstateLicense_lawMEDIUM

Sales associate Rivera fails to complete the required continuing education before her license renewal. She discovers this 2 months after her license expired. What is her license status?

Correct Answer

A) Involuntarily inactive

Correct: A - Involuntarily inactive. Failure to renew due to incomplete CE results in involuntary inactive status. Why not B: This option is incorrect because "Automatically revoked" does not match the rule tested by the question. The correct answer is "Involuntarily inactive". Failure to renew due to incomplete CE results in involuntary inactive status. Why not C: This option is incorrect because "Suspended pending education completion" does not match the rule tested by the question. The correct answer is "Involuntarily inactive". Failure to renew due to incomplete CE results in involuntary inactive status. Why not D: This option is incorrect because "Active but subject to fine" does not match the rule tested by the question. The correct answer is "Involuntarily inactive". Failure to renew due to incomplete CE results in involuntary inactive status.

Answer Options
A
Involuntarily inactive
B
Automatically revoked
C
Suspended pending education completion
D
Active but subject to fine

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Related Topics & Key Terms

Key Terms:

continuing_educationinvoluntary_inactivelicense_renewal

Related Concepts

A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.

A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.

Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.

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