EXAM 2026 CERTIFICATION REVIEW MANUAL
◉ Can a broker-in-charge act as one of the designated brokers with
the other designated broker being a provisional broker under their
supervision? Answer: No. A broker-in-charge can be one of the
designated agents, but NOT if the other designated agent in the
transaction is a provisional broker under his/her supervision.
◉ Describe the other Commission's activities Answer: The
Commission is authorized to acquire, hold and convey Real Property
(subject to approval of Gvnr, create contents, claim copyrights and
charge fees for publications.
◉ Describe the Postlicensing rules Answer: 3 required postlicensing
courses: 1) Real estate brokerage relationships and responsibilities,
2) Real estate contracts and transactions, 3) Specialized topics -
commercial, prop. mgmt, RE finance, RE appraisal, RE development,
RE regulation. Upon completion, PB automatically = Broker.
◉ What happens if a license becomes inactive? Answer: To
reactivate license: Postlicensing course must be completed and CE
must be current.
, ◉ What is the difference between Active vs. Inactive licenses?
Answer: Unless expired, revoked, suspended or surrendered, all
licenses are active or inactive. Active: may engage in and be
compensated for real estate brokerage activities. Inactive: may NOT
engage in or be compensated for real estate brokerage activities
(including referrals).
◉ How do I change my license status? Answer: All Provisional
Brokers are initially inactive. PBs must be under an active Broker-in-
Charge to become active. All brokers must satisfy CE requirements
each year to remain active. If inactive (person or firm), must file a
request for license activation. A broker may change from active to
inactive by submitting a written request to the REC.
◉ What happens if a license gets expired or revoked? Answer:
Licenses expired for 6 months or less may be reinstated by paying a
$55.00 fee (to go to active status must also complete all required
CE). More than 6 months - application, $55.00 fee. Commission may
require RE education and/or examination to be completed or both.
Reinstatement of a revoked license requires same action as an
expired more than 6 month license, plus a $30 fee.
◉ Describe License Reinstatement rules Answer: Reinstatement of a
surrendered license procedure the same as a revoked license, after
the specified surrender period is complete.
After suspension, licensee may reinstate if license renewal fees are
current or paid within 60 days from end of suspension.