Florida Broker Practice Exam

Which of the following describes the term "void" in the context of a real estate license?

1. A license that is temporarily inactive

2. A license that is no longer in existence

3. A license that is under review

4. A license that has been reinstated

The correct answer is: A license that is no longer in existence

In the context of a real estate license, the term "void" refers to a license that is no longer in existence. When a license is deemed void, it means that it has been rendered invalid and cannot be used to perform real estate activities. This can occur for various reasons, such as failure to renew the license, a disciplinary action taken by the regulatory authority, or not meeting specific requirements set forth by the licensing board. When a license is void, the individual holding it must go through the necessary steps to obtain a new license, as the void status indicates that the previous license is effectively null and has no legal standing. This is different from statuses such as being temporarily inactive, where a license might still retain its validity but is simply not being used, or being under review, which implies that the license is still recognized but perhaps subject to investigation or verification processes. A reinstated license indicates that a previously inactive or suspended license has been returned to a valid status, which is again not applicable in the case of a void license that does not exist anymore.