The Massachusetts Board of Registration of Real Estate Brokers and Salespersons has the authority to impose all of the following sanctions following a disciplinary hearing EXCEPT:
Correct Answer
A) Ordering the licensee to pay restitution directly to the harmed consumer
The Massachusetts Board of Registration does not have statutory authority to order a licensee to pay restitution directly to a harmed consumer. Restitution to a consumer is a civil remedy that must be obtained through a court of law (e.g., under Chapter 93A or common law). The Board's sanctions are limited to administrative actions: reprimands, probation, fines, suspension, and revocation of the license.
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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?
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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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