Which of the following statements is true regarding a broker's application?

The correct statement regarding a broker's application is that experience must come from an active real estate license. This ensures that the applicant has practical, hands-on experience in the real estate field, adhering to the necessary legal and ethical standards of practice. The requirement for experience under an active license guarantees that the individual is familiar with current laws, market conditions, and business practices, which is critical for a broker's role that involves significant responsibilities and obligations to clients.

The need for an active license is crucial because it signifies that the broker has not only completed the necessary education but has also engaged in the real estate industry actively. This experience translates to a deeper understanding of the real estate market and its complexities, which is essential for effective brokerage operations.