What is the status of a license when disciplinary action prohibits the brokerage of real estate for a specific period?

When disciplinary action is taken against a real estate license, the status of the license is typically classified as suspended during the period in which the individual is prohibited from engaging in brokerage activities. A suspension indicates that the license remains valid but that the licensee cannot practice real estate during the suspension period imposed by the regulatory authority. This allows for the possibility of reinstatement after fulfilling the conditions set forth by the disciplinary action.

In contrast, revocation indicates that the license is permanently terminated, rendering the individual ineligible to act as a licensee altogether, while expiration suggests that the license is no longer valid due to failure to renew it, but not necessarily due to disciplinary reasons. Termination generally refers to the end of an employment or agency relationship rather than the status of the license itself. Therefore, when disciplinary action restricts a license holder's ability to broker real estate for a set duration, the correct classification of that license is one of suspension.