Question

Any licensee desiring to transfer status from active to inactive or from inactive back to active status must complete the proper transfer form provided by the LREC?

1) True
2) False

Answer 1

The answer is True. Licensees must complete the proper transfer form provided by the LREC to transfer their status.

Step-by-step explanation:

The subject of this question is Business and the grade level is College.

The correct answer to the question is True. Any licensee wishing to change their status from active to inactive or vice versa must complete the appropriate transfer form provided by the LREC (Louisiana Real Estate Commission).

For example, if a real estate agent wants to temporarily stop practicing real estate, they would need to submit a transfer form to change their status from active to inactive.