Massachusetts License Law
A Massachusetts broker retires and closes their brokerage. The broker's salesperson licensees must:
AAutomatically receive broker status
BTransfer their licenses to another actively licensed broker or their licenses become inactive✓ Correct
CReapply from scratch as if newly licensed
DContinue operating under the closed brokerage for 60 days
Explanation
When a Massachusetts broker closes their office, salesperson licensees must transfer to another licensed broker. Without an active affiliated broker, the salesperson licenses become inactive and the salespersons cannot practice.
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