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License Violations and Regulatory Actions Overview

13 minPRO
1/6

Key Takeaways

  • License violations span practice, trust fund, licensing, advertising, and general misconduct categories.
  • Trust fund violations are treated as the most serious category, often resulting in immediate suspension or revocation.
  • The investigation process includes complaint review, investigation, probable cause determination, and formal hearing.
  • Always respond promptly to commission inquiries and consider retaining legal counsel before providing substantive responses.
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Test Your Knowledge

1.What is the most common type of license violation reported to state real estate commissions?

2.Who can file a complaint with a state real estate commission?

3.What is the typical investigation process after a complaint is filed?