Null and Void Flashcards

1
Q

What does it mean if a license is null and void?

A

It no longer exists

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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1) It has been revoked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)

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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
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4
Q

Can the FREC extend a request to reinstate a null & void license beyond six months?

A

No

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5
Q
A
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