Inactivation of License: Inactive License Certificate: Reinstatement: Maintenance of

Place of Business or Sign Not Required.

(a)A licensed real estate broker or salesman may request that his license be inactivated. The Commissioner shall thereupon issue to such person an inactive license certificate. This inactive license certificate may consist of the license itself with an endorsement stating that it is inactive and does not permit the holder to transact business under it. CH. 104 REAL ESTATE REGULATIONS

(b)An inactive license which is not suspended or revoked may be reinstated at any time during the period for which the license was issued, and may he renewed each four

(4)year period upon the making of application therefor and the payment of the appropriate fee.

(c)The holder of an inactive broker license need not maintain a place of business or a sign as required by §§ 104228 and 104230.

(d)The holder of an inactive license shall not be entitled to act in any capacity for which the license is required until the license has been reinstated.