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Practice Of Real EstateLicense LawHARD

A compliance reviewer in Chapel Hill is answering a client question about provisional broker status and activation. Which statement best applies under current North Carolina law?

Correct Answer

A) The 18-month Postlicensing deadline runs from initial licensure, whether or not the provisional broker ever activates the license.

The 18-month Postlicensing deadline runs from initial licensure, whether or not the provisional broker ever activates the license.

Answer Options
A
The 18-month Postlicensing deadline runs from initial licensure, whether or not the provisional broker ever activates the license.
B
The 18-month clock starts only when the provisional broker first earns a commission.
C
The 18-month clock begins when the broker files the first affiliation form.
D
A provisional broker gets 18 months after first activation rather than 18 months after licensure.

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Related Topics & Key Terms

Key Terms:

18_month_deadlineactivationdifficulty_4initial_licensurenc_license_lawnc_statenorth_carolinaprovisional_broker_status_and_activationtiming_forms_exceptions_and_authority
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