Null and Void Flashcards
1
Q
What does it mean if a license is null and void?
A
It no longer exists
2
Q
What are the two ways a license can become null and void?
A
1) It has been revoked
2) A person no longer wants to engage in the real estate business can voluntarily cancel the license (this does not involve disciplinary action)
3
Q
If a licensee wants to reinstate their license, what do they need to do? What reason must they have?
A
- Make a written request to the FREC within 6 months after license became null & void
- They must have failed to comply with renewal requirements due to physical or economic hardship
4
Q
Can the FREC extend a request to reinstate a null & void license beyond six months?
A
No
5
Q
A