What is an Inactive License in real estate?

An Inactive License in real estate refers to a situation where a licensee has chosen to stop actively practicing real estate but has not allowed their license to expire or be revoked. This status is often the result of a personal decision by the licensee to take a break from active involvement in real estate transactions, perhaps due to personal circumstances or a shift in career focus. While the license remains valid and current, it simply means that the individual is not engaging in activities that require active participation, like conducting transactions or representing clients.

In contrast, an expired license indicates that the licensee has failed to renew their license according to state guidelines. A terminated license means that the license has been revoked by the governing authority, which can happen due to disciplinary actions or violations of laws and regulations. A suspended license implies that the licensee is temporarily barred from practicing due to certain issues, which may be resolved to reactivate the license later. Hence, the definition of an Inactive License explicitly relates to the voluntary decision by the license holder without falling into these other categories of license status.