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Pa Licensing Requirements CePost_license_requirementsMEDIUM

A PA-licensed salesperson fails to renew their license by the expiration date. What is the status of the license and what must the salesperson do?

Correct Answer

D) The license expires, and the salesperson must cease all real estate activities until the license is properly renewed or reinstated

When a PA license expires due to failure to renew, the licensee must immediately cease all real estate activities. The licensee cannot practice until they complete the renewal or reinstatement process, which may include paying late fees and completing any missing CE.

Answer Options
A
The salesperson's last transaction automatically extends the license until that transaction closes
B
The license is permanently revoked and cannot be restored
C
The salesperson has a 6-month grace period during which they can continue to practice
D
The license expires, and the salesperson must cease all real estate activities until the license is properly renewed or reinstated

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Related Topics & Key Terms

Key Terms:

license_expirationcease_activitiesreinstatementrenewal_failure
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