Alberta Real Estate Licensing Exam Practice · Question
What is the consequence if a real estate professional fails to renew their license with RECA by the deadline?
Failure to renew a license by the deadline results in an inactive license, prohibiting real estate activities until reinstated.
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Question: What is the consequence if a real estate professional fails to renew their license with RECA by the deadline?
Answer options: ✅ Their license becomes inactive, and they cannot trade in real estate.
- They receive a warning and a grace period to renew.
- Their brokerage automatically renews it for them.
- They can continue to work as long as they pay late fees.
Correct answer: Their license becomes inactive, and they cannot trade in real estate.
Explanation: Failure to renew a license by the deadline results in an inactive license, prohibiting real estate activities until reinstated.
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