Robert is a Tennessee affiliate broker whose license is on inactive status. He has not practiced real estate for two years but wants to reactivate his license. Under TREC rules, which of the following correctly describes what Robert must do to reactivate an inactive license?
Correct Answer
B) Robert must complete the CE hours that would have been required during the inactive period and pay a reactivation fee
Under TREC rules, a licensee seeking to reactivate an inactive license must complete the continuing education hours that would have been required had the license been active during the inactive period, and pay the applicable reactivation fee. This ensures that reactivating licensees are current on required legal and regulatory knowledge before returning to active practice.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
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