Definition: the license status that results when a licensee has met all of the requirements for licensure but chooses not to engage in the real estate business and has requested the license be put in this status.
Pronunciation: \ˈvä-lən-ˌter-ē\ \(ˌ)i-ˈnak-tiv\
Used in a Sentence: Mary placed her license in voluntary inactive status while she was on maternity leave.
Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
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