New Jersey License Law
When a NJ real estate salesperson's employing broker suspends business operations without proper notification, the salesperson should:
AContinue operating under their own name
BImmediately contact the NJREC for guidance on placing their license with a new broker✓ Correct
CWork for any other broker without transferring the license
DTake a vacation until the broker resumes operations
Explanation
When a broker suspends operations, salespersons' licenses are effectively inactive. They must contact the NJREC and arrange transfer of their licenses to a new employing broker before resuming any licensed activity.
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