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A broker has had his license suspended for misrepresentation. Which of the following is TRUE?

a) The broker can continue operating with a temporary license.
b) The broker can appeal the suspension to the local real estate board.
c) The broker must cease all real estate activities during the suspension.
d) The broker can transfer his license to another jurisdiction.

User Blaque
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1 Answer

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Final answer:

Upon having their license suspended for misrepresentation, a broker is required to halt all real estate activities. The correct answer is that the broker must cease operations during the suspension. Transferring the license or operating under a temporary one is not permissible, and appeals are made to the licensing authority, not to the local real estate board.The correct answer is option C.

Step-by-step explanation:

A broker who has had their license suspended for misrepresentation must adhere to the regulations and rules set forth by the licensing authority, typically a state real estate commission or similar regulatory body.

Upon suspension, the broker must cease all real estate activities during the suspension period as mandated. This includes, but is not limited to, representing buyers or sellers in real estate transactions, managing rental properties, or engaging in any other activity that requires a real estate broker's license.

Option c) is true: The broker must cease all real estate activities during the suspension. Operating with a temporary license is not an option because a suspension means the broker's permission to practice is temporarily revoked.

While the broker can appeal the suspension, it is to the licensing authority or through the appropriate legal channels, not necessarily to the local real estate board unless that body has jurisdiction over appeals.

Lastly, transferring a suspended license to another jurisdiction is not possible, as real estate licenses are typically not transferable and jurisdictions will not accept a broker with a current suspension..The correct answer is option C.

User Fell
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