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Broker Martinez has been sanctioned by TREC and her broker license is suspended for 6 months. Under TREC rules, what happens to the sales agents she sponsors during the suspension period?

Correct Answer

D) The sales agents must find new sponsoring brokers or their licenses become inactive, as they cannot practice under a suspended broker

Under TREC rules, when a sponsoring broker's license is suspended, the sponsored sales agents cannot continue practicing under that broker. The agents must find new sponsoring brokers and update their sponsorship with TREC, or their licenses become inactive.

Answer Options
A
The sales agents may continue practicing because the suspension only affects the broker personally
B
The sales agents' licenses are also suspended for the same 6-month period
C
The sales agents may practice independently without a sponsoring broker during the suspension period
D
The sales agents must find new sponsoring brokers or their licenses become inactive, as they cannot practice under a suspended broker

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Related Topics & Key Terms

Key Terms:

broker_suspensionsponsored_agentsinactive_statusnew_broker
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