Question

An owner of a service station who holds an inactive sales associate's license has been appointed by the court to appraise another service station. Which statement is most correct?

a. Since he or she has registration status, that person may be compensated for this service of real estate.
b. He or she must have an active license to be compensated.
c. He or she may be compensated by a licensed broker.
d. He or she may be compensated directly for this service.

Answer 1

The owner must have an active license to be compensated for appraising another service station.

Step-by-step explanation:

The most correct statement is b. He or she must have an active license to be compensated.

According to the information given, the owner of the service station holds an inactive sales associate's license.

In order to be compensated for appraising another service station, the owner must have an active license, not an inactive one.