If a firm's broker dies, what is the status of the affiliated salespersons?

When a firm's broker dies, the affiliated salespersons are impacted by the loss of their supervising broker. Under real estate regulations, salespersons must be associated with a licensed broker in order to legally conduct real estate transactions. Therefore, upon the death of their broker, the salespersons are required to suspend their activities until they find a new broker to affiliate with. This ensures that there is proper oversight and compliance with the law, as all real estate activities must be conducted under the auspices of a licensed broker.

The requirement for salespersons to affiliate with a new broker before they can resume their work protects the integrity of the profession and ensures that all parties involved in real estate transactions are properly represented and guided by a knowledgeable and licensed individual. This is crucial for maintaining ethical standards and adhering to state regulations.