If your license is revoked, what must you do to obtain a new one?

Study for the CAS 45-Hour Real Estate Principles Course Test. Utilize flashcards and multiple choice questions to prepare thoroughly. Each question is paired with hints and explanations. Get ready to excel in your exam!

When a real estate license is revoked, it signifies a serious breach of rules or regulations that has led to the loss of the license. To regain licensure, the individual typically needs to submit a new license application after the penalty period has expired. This process reflects a commitment to complying with the necessary legal and professional standards expected in the real estate industry.

Revocation means the licensee must not only wait out any mandated penalty period but could also be required to demonstrate that they have learned from past mistakes. Reapplying with a fresh application is a requirement because the former license is no longer valid, and the previous standing is not reinstated merely by the passage of time. The state licensing authority needs to ensure that the individual's qualifications, conduct, and education align with current expectations before issuing a new license.

Completing mandatory education may be beneficial and sometimes required depending on the circumstances, but the key aspect in this context is that the individual needs to go through the process of submitting a new application after fulfilling any imposed penalties or conditions related to the revocation.

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