When a New Active Broker Is Appointed After a Vacancy, What Happens to Transactions Already in Progress?

• A. They May Be Concluded
• B. They Must Be Reopened From the Beginning
• C. They Must Be Terminated
• D. They Require DBPR Approval to Continue

Answer: (A)

When a new active broker is appointed after a vacancy, transactions already in progress may be concluded under the new broker’s supervision. The new broker of record takes over responsibility for the firm’s active deals, so there’s no need to restart from the beginning or terminate previously agreed-upon terms. This ensures continuity for clients and preserves the integrity of the contract process, allowing final disclosures, escrow handling, and closing steps to proceed under the new leadership. Reopening from scratch or forcing termination isn’t required, and DBPR approval isn’t needed just to continue a deal that was already in motion once a properly appointed broker takes over.