Under what condition can a licensee who has made a mandatory suspension claim be reinstated?

A licensee who has made a mandatory suspension claim can be reinstated when they have repaid the amount paid from the fund in full, along with any applicable interest. This condition aligns with the regulatory framework governing real estate licensing, which often mandates that individuals who have financially impacted the real estate recovery fund must make restitution before regaining their licensure. The repayment serves as a form of accountability and ensures that the fund is replenished for future claims.

While other options might seem appealing or plausible, they do not meet the specific criteria established for reinstatement following a mandatory suspension claim. For instance, finding a new buyer or serving a suspension period does not translate into fulfilling the financial obligations to the recovery fund. Similarly, mere approval from the real estate commission is insufficient without the requisite repayment. This emphasizes the importance of financial responsibility in maintaining a license in the real estate profession.