What is a voluntary inactive license status?

A voluntary inactive license status indicates that a licensee has chosen not to engage in the real estate business at a given time, despite holding a valid license. This status allows the individual to maintain their license in a dormant state, ensuring that they do not have to complete continuing education or engage in any real estate transactions during this period. It provides the licensee with the flexibility to return to an active status without needing to start the licensing process anew.

The other options do not accurately reflect the nature of voluntary inactive status. A license for a student undergoing training suggests an educational aspect rather than a personal choice regarding active engagement. A temporary license for new applicants implies a restricted time frame to operate rather than an individual’s decision to be inactive. Lastly, a license that has expired but can be renewed relates to a different status and does not align with the voluntary nature of choosing to be inactive while still holding a valid license.