Maria completed her 72-hour pre-license education and passed the Missouri real estate exam. She received her salesperson license and was affiliated with Apex Realty. Three months later, Maria decides to leave Apex Realty and has not yet found a new sponsoring broker. Under Missouri law, which of the following best describes the status of her license?
Correct Answer
D) Her license is placed on inactive status and she may not engage in any licensed real estate activity until she affiliates with a new sponsoring broker
Under RSMo Chapter 339, a Missouri salesperson's license is issued to and held by the sponsoring broker. When a salesperson leaves a brokerage and has no new sponsoring broker, the license is placed on inactive status. The salesperson may not engage in any licensed real estate activity — including showing property, writing offers, or collecting compensation — until the license is transferred to and activated under a new sponsoring broker.
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Related Topics & Key Terms
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Related Concepts
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
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