Agent Carlos Mendez is under GREC investigation for alleged kickback violations. During the investigation, his current real estate license expires. What happens to the investigation?
Correct Answer
B) The investigation continues and GREC retains jurisdiction over the alleged violations
GREC retains jurisdiction to investigate and discipline for violations that occurred while the person was licensed, even if the license expires during the investigation. Option A is incorrect as expiration doesn't terminate jurisdiction. Option C is wrong as investigations don't pause for license status. Option D is incorrect as GREC maintains its authority.
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A consumer files a complaint with the GREC against a licensee, primarily seeking a determination of who should receive the earnest money from a failed transaction. How does the GREC handle this type of complaint?
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During a GREC complaint investigation involving broker Maria Santos and alleged trust account violations, GREC discovers evidence of potential criminal activity. What must GREC do with this information?