§5-20.5-9  Temporary license issued to representative of deceased broker. –

Published: 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Get a Day Pass for only USD$49.99.

Businesses and Professions

CHAPTER 5-20.5

Real Estate Brokers and Salespersons

SECTION 5-20.5-9

   § 5-20.5-9  Temporary license issued to

representative of deceased broker. –

In the event of the death of a licensed real estate broker who is the sole

proprietor of a real estate business, the director shall, upon application by

his or her legal representative, issue, without examination, a temporary

license to that legal representative, or to an individual designated by him or

her and approved by the director, upon filing of the required bond and the

payment of the prescribed fee, which authorizes the temporary licensee to

continue to transact the business for a period not to exceed one year from the

date of death.

History of Section.

(P.L. 1973, ch. 215, § 2.)