EstatePass
Pa Rela License LawCe_14h_per_2yrHARD

Under RELA, a Pennsylvania licensee who held an active license for 25 years is approaching retirement and wonders about the status of their license after retirement. If the licensee stops renewing, what is the ultimate status of the license?

Correct Answer

A) The license lapses and eventually expires; after a prolonged lapse, the former licensee may need to meet current licensing requirements to re-enter the profession

Under RELA, if a licensee stops renewing, the license first lapses and eventually expires. After a prolonged period of lapse, the former licensee may need to meet current licensing requirements, potentially including new education and examination, to re-enter the profession.

Answer Options
A
The license lapses and eventually expires; after a prolonged lapse, the former licensee may need to meet current licensing requirements to re-enter the profession
B
The license reverts to permanent inactive status and can be reactivated at any time without additional requirements
C
The license is automatically converted to an honorary lifetime license
D
The license remains active indefinitely as long as the licensee pays annual maintenance fees

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Pa Rela License Law Question

Sign up free to unlock full analysis

Background Knowledge for Pa Rela License Law

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Pa Rela License Law

Sign up free to unlock full analysis

Common Mistakes to Avoid on Pa Rela License Law Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

retirementlicense_expirationprolonged_lapseRELA
Was this explanation helpful?

More Pa Rela License Law Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing