Final answer:
According to local regulations, a real estate firm must appoint a new qualifying broker within a short period, typically days or weeks, after the current broker dies.
Step-by-step explanation:
When the qualifying broker of a real estate firm dies, regulations generally require that the firm must secure a new qualifying broker within a certain timeframe to maintain legal compliance and continuity of services. The specific timeline can vary depending on local laws and regulations, but typically, a real estate firm should appoint a new broker promptly, often within a matter of days or weeks.
The firm needs to consult with their local real estate commission or legal counsel to understand the exact requirements.