Question

In the event of death or other incapacities of a responsible sole proprietor broker, the commission may permit an associate broker or a designated salesperson licensed to complete and close the then-existing business:

Answer 1

In the event of death or incapacity of a sole proprietor broker, the commission may allow someone else to complete and close the remaining business.

Step-by-step explanation:

In the event of death or other incapacities of a responsible sole proprietor broker, the commission may permit an associate broker or a designated salesperson licensed to complete and close the then-existing business.

When a sole proprietor broker is no longer able to manage their business due to death or incapacity, the commission may authorize either an associate broker or a designated salesperson with a license to handle the remaining business.

The authorized individual will be responsible for completing any ongoing transactions and closing the business.