Real Estate Council of Alberta Fundamentals Practice Exam

What is one possible outcome of the Executive Director suspending an industry professional’s license?

1. Reduction in license fees

2. Increased marketing opportunities

3. Length of suspension determined

4. Automatic license renewal

The correct answer is: Length of suspension determined

One possible outcome of the Executive Director suspending an industry professional's license is that the length of the suspension will be determined. When a license suspension occurs, it typically indicates that the licensee has violated certain regulations or ethical standards as outlined by the governing body. The length of the suspension is usually specified by the Executive Director and can vary based on the severity of the violation, the circumstances surrounding the case, and any applicable legislation or regulatory guidelines. This determination allows for a framework within which the professional can improve their conduct and subsequently re-enter the industry after the designated period has lapsed. The outcome ensures accountability and upholds standards within the profession. In contrast, reduction in license fees, increased marketing opportunities, and automatic license renewal do not result from a suspension. These options reflect scenarios that are unrelated to disciplinary action and would not typically occur as a consequence of a license being suspended.