License Law & RulesQuestion 41 of 120

A licensee's failure to renew a license before its expiration generally results in the license becoming:

a.Involuntarily inactive, requiring action to reactivate
b.Permanently and irrevocably void with no path to renewal
c.Automatically upgraded to a broker license
d.Transferred to another licensee

Explanation

A license that is not renewed by its expiration date typically becomes involuntarily inactive, and continued practice during that period is prohibited. The licensee must complete requirements to reactivate within statutory timeframes. Failing to act for too long can lead to the license becoming null and void.

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