Question

If a broker has his license suspended for violating state license law, the licenses of his three salespeople are:

a) Automatically suspended as well.
b) Unaffected by the broker's suspension.
c) Temporarily revoked until the broker's license is reinstated.
d) Subject to a fine but not suspension.

Answer 1

The licenses of salespeople under a broker whose license is suspended may be affected, potentially requiring affiliation with another broker or facing temporary suspension, paralleling penalties across various professional regulations.

Step-by-step explanation:

When a broker loses their license as a result of violating state license law, the licenses of the broker's salespeople may be affected differently depending on state regulations. Some states include provisions where the salespeople must affiliate with another broker in order to maintain their active status, while others might temporarily suspend the salespeople's licenses until the broker's license is reinstated, making answer option c) 'Temporarily revoked until the broker's license is reinstated' a viable consequence in certain jurisdictions. However, professional conduct and penalties for violating the law, such as for lobbyists and government officials, can lead to fines, bans, or even prison depending on the level of offence, which may mirror the real estate industry's regulatory environment.