Who is eligible to serve as a board member or officer?

• A. Active brokers only
• B. Sales associates
• C. Active brokers, inactive brokers, or unlicensed registered persons (with at least one officer having an active broker license)
• D. Unlicensed individuals only

Answer: (C)

When considering who may serve on a regulatory board, the important point is that leadership needs to include someone with current broker experience, while still allowing broader participation from others tied to real estate activity. The rule allows active brokers, inactive brokers, or unlicensed registered persons to serve, as long as at least one officer on the board holds an active broker license. This ensures there is someone with up-to-date broker qualifications guiding the board, while not completely excluding those who aren’t currently licensed. If you restricted membership to only active brokers, or to sales associates, or to unlicensed individuals without any broker license on the leadership, you’d lose the necessary broker perspective on the board.