What happens to salespersons when their designated broker pulls her license?

Master the TREC Promulgated Contract Test with our interactive quiz. Utilize flashcards and multiple choice questions, complete with hints and explanations, to prepare effectively. Ace your exam!

When a designated broker pulls her license, all salespersons associated with that broker are required to cease real estate activities. This is because salespersons operate under the supervision and license of their broker. A broker’s license is essential for any real estate transactions to be legally conducted by salespersons. Therefore, when the broker's license is no longer valid, any activities carried out by the salespersons must also stop until they associate with a new broker or their licensing situation changes. This structure reinforces the necessity for a licensed broker to oversee all real estate operations performed by salespersons, ensuring compliance with legal and regulatory standards in the industry.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy