59.7k views
1 vote
In the event the Real Estate Agency revokes a principal real estate broker's license, the licenses of the brokers associated with the principal broker are automatically:

a) Revoked as well.
b) Suspended temporarily.
c) Not affected.
d) Subject to probation

User Rzaaeeff
by
7.8k points

1 Answer

2 votes

Final answer:

The revocation of a principal real estate broker’s license typically does not affect the licenses of associated brokers unless they are also involved in the violations.

Step-by-step explanation:

In the real estate industry, when a Real Estate Agency revokes a principal real estate broker's license, the repercussions for associated brokers depend on jurisdiction and circumstances. Typically, the licenses of associated brokers remain unaffected by the principal broker's revocation unless the associated brokers are directly implicated in violations or misconduct. Real estate licenses are individual and independent, so the actions of one broker do not automatically impact others.

Associated brokers are responsible for their own professional conduct, adherence to real estate laws, and regulatory compliance. However, if an associated broker is found to have engaged in wrongdoing or violated regulations alongside the principal broker, they may face disciplinary actions or investigations independent of the principal broker's license revocation. Jurisdiction-specific rules and regulations should be consulted to understand the precise implications for associated brokers in such situations.

User Pramod Alagambhat
by
8.8k points