Who is responsible for handling real estate transactions with an inactive license?

The correct answer identifies that no one is authorized to handle real estate transactions with an inactive license. An inactive license means that the individual has not met the requirements to be actively engaged in real estate activities, which includes representing clients, managing transactions, or performing any activities requiring a license. While the broker or salesperson may normally facilitate real estate transactions, their ability to do so relies on maintaining an active license.

When a license is inactive, it indicates that the holder is not currently permitted to engage in the practice of real estate. This ensures that all transactions are conducted by individuals who are up-to-date with their education, legal requirements, and licensing status. Consequently, a trade involving an inactive license would lack a qualified individual to facilitate the necessary legal and procedural aspects of a real estate transaction, resulting in no one being responsible for such dealings.

The roles of the broker and the Board of Realtors, while important in active scenarios, do not apply in instances where the license is inactive, thus supporting the conclusion that no one is in a position to handle real estate transactions under those conditions.