A PA licensee wants to voluntarily surrender their license. Under SREC rules, what happens when a license is voluntarily surrendered?
Correct Answer
A) The license is deactivated, and the licensee may apply for reinstatement in the future by meeting SREC requirements
When a licensee voluntarily surrenders their license, the license is deactivated. The licensee may apply for reinstatement in the future by meeting all SREC requirements, which may include completing CE credits and paying applicable fees.
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More Pa Licensing Requirements Ce Questions
A salesperson in PA completes their CE online but cannot locate the completion certificate when it's time to renew. What should the salesperson do?
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- → In Pennsylvania, what is the National portion of the real estate salesperson exam?
- → How many hours of pre-license education must a candidate complete to qualify for a Pennsylvania real estate salesperson license?
- → Karen is a PA-licensed salesperson who has been inactive for several years. She wants to reactivate her license. Under SREC rules, what must Karen do?
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Under RELA, a broker in Pennsylvania must maintain a separate escrow account for client funds. Which of the following is an acceptable type of financial institution for the escrow account?
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A PA salesperson has been on inactive status for 4 years. They want to reactivate their license. Under SREC rules, what CE requirements must they satisfy?