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Practice Of Real EstateLicense LawMEDIUM

A Greensboro broker is preparing an exam-prep note on disciplinary process, sanctions, and reporting duties. Which statement best applies under current North Carolina law?

Correct Answer

B) Possible sanctions include reprimand, censure, suspension, or revocation, depending on the violation and disposition.

Possible sanctions include reprimand, censure, suspension, or revocation, depending on the violation and disposition.

Answer Options
A
The Commission's only sanction is permanent revocation under current North Carolina rules
B
Possible sanctions include reprimand, censure, suspension, or revocation, depending on the violation and disposition.
C
The Commission may issue only monetary fines and no license sanctions.
D
A reprimand is unavailable in North Carolina discipline matters.

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Related Topics & Key Terms

Key Terms:

difficulty_3disciplinary_process_sanctions_and_reportingnc_license_lawnc_statenorth_carolinarevocationsanctionssuspensiontiming_forms_exceptions_and_authority
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