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Practice Of Real EstateLicense LawEASY

A Gastonia broker is training a new associate on provisional broker status and activation. Which statement best applies under current North Carolina law?

Correct Answer

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

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Related Topics & Key Terms

Key Terms:

18_month_deadlineactivationdifficulty_2initial_licensurenc_license_lawnc_statenorth_carolinaprovisional_broker_status_and_activationscenario_traps_edge_cases_and_enforcement
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