What is the term for a license that is placed on inactive status at the request of the licensee?

The term for a license that is placed on inactive status at the request of the licensee is referred to as an inactive license. This designation indicates that while the individual holds a valid real estate license, they are not currently engaging in licensed activities. The licensee may choose this status for various reasons, such as personal circumstances or a temporary break from active practice.

Having an inactive license allows the individual to maintain their credentials without actively participating in real estate transactions. When a license is inactive, it does not expire, and the licensee usually has the ability to reactivate it in the future, provided they meet any necessary conditions set forth by regulatory authorities. This differs from other statuses, such as suspended or revoked licenses, which imply disciplinary actions taken against the licensee due to violations or failure to adhere to regulations. Active licenses are those currently in use for conducting real estate activities.