What action can be taken against a licensee for violating real estate laws?

Both suspension and revocation of a license are disciplinary actions that can be taken against a licensee for violating real estate laws. Suspension refers to a temporary halt of a license, meaning the licensee cannot practice during that period but may be reinstated after meeting certain conditions. Revocation, on the other hand, is a permanent termination of the license, which means the individual can no longer legally engage in real estate activities.

Real estate laws are established to protect the public and maintain integrity within the industry, so violations can lead to serious repercussions to ensure compliance and accountability. Depending on the severity of the violation, regulators have the authority to impose one or both of these sanctions, thus reinforcing the importance of adhering to ethical and legal standards in real estate practices.