DRE & LicensingIntermediateCalifornia Exam
If a real estate salesperson's employing broker dies or has their license suspended, the salesperson may continue to perform licensed activities for how long?
AThey must immediately stop all licensed activitiesCorrect
BUp to 90 days while they secure a new employing broker
CIndefinitely, since their license is independent
D30 days with DRE approval
Why They must immediately stop all licensed activities Is Correct
Answer A: They must immediately stop all licensed activities
A salesperson's license is dependent on their employing broker. If the broker's license is terminated, suspended, or the broker dies, the salesperson cannot legally perform any licensed activities until they are affiliated with a new licensed broker.
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Key Terms to Know
Joint Tenancy
Co-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
ProrationThe division of ongoing property expenses (taxes, HOA dues, rents) between buyer and seller at closing based on their respective days of ownership.
State-Specific Concepts
DRE RegulationLicense Law
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