New York License Law
A New York licensed salesperson who is terminated by their sponsoring broker has how long to find a new sponsoring broker before their license becomes inactive?
ANo specified time; the license immediately becomes inactive upon leaving the broker✓ Correct
B30 days
C60 days
D90 days
Explanation
In New York, a salesperson's license is immediately tied to their sponsoring broker. When the relationship terminates, the license becomes inactive immediately — there is no 'grace period.' The salesperson must find a new sponsoring broker and complete the license transfer process before performing any licensed activities.
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