asked 155k views
3 votes
When surrendering a license, the licensee must forward the wall license and pocket card to the Commission...

A. within 10 business days.
B. within 10 business after securing a new brokerage office.
C. 20 days after requested by the Commission.
D. immediately.

1 Answer

3 votes

Final answer:

The correct procedure for surrendering a real estate license typically requires the licensee to forward the wall license and pocket card to the Commission immediately upon deciding to surrender the license or if it is revoked or suspended.

Step-by-step explanation:

The question pertains to the procedure a licensee must follow when surrendering a license in the context of the real estate industry. According to real estate commission regulations in many jurisdictions, there is a specific timeframe within which a licensee must surrender their license.

While the correct answer could vary by jurisdiction, generally, option D. immediately is a common standard. As soon as a licensee decides to surrender their license, or if the license is revoked or suspended, the wall license and pocket card are often required to be sent back to the Commission without delay.

answered
User Fflorent
by
8.2k points
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