Kevin is a Maryland salesperson whose license renewal deadline has passed. He submits a late renewal application to MREC three months after expiration. MREC approves his reinstatement. A buyer asks Kevin when his license was technically valid during the lapse period. Which of the following correctly describes Kevin's license status during the three months between expiration and reinstatement?
Correct Answer
B) His license was expired and he was not authorized to engage in any licensed real estate activities during that period
Under Maryland law, a license that has expired is no longer valid, and the licensee has no authority to perform any licensed real estate activities during the lapse period. MREC's approval of a reinstatement application does not retroactively validate the license for the period of expiration. Kevin's license was expired during the three-month gap, and any real estate activities performed during that time would constitute unlicensed practice in violation of Md. Code Ann., Bus. Occ. & Prof. § 17-601.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
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.
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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- → For the Wyoming salesperson state portion, a licensee asks how long Wyoming renewal periods are. Which statement is correct?
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