What action will the commissioner take if a licensee ceases to do business as a broker or salesperson?

When a licensee ceases to conduct business as a broker or salesperson, the commissioner is responsible for ensuring that all real estate activities are properly regulated and that the integrity of the profession is maintained. In this context, revoking the license of the licensee is a necessary action to prevent any unauthorized or unlawful practice in the industry.

When a licensee stops engaging in business, it indicates that they are no longer actively participating in real estate transactions. Thus, the commissioner must take steps to update the licensing records and ensure compliance with state regulations. Revocation serves to formally end the licensee's ability to operate in the real estate market and signals that they are no longer authorized to act in that capacity.

The other options do not align with the procedural requirements or regulatory framework governing real estate practices. For instance, a warning would not adequately address the change in status of the licensee's business activities. Transferring the license to another broker could misrepresent the licensee's ability to engage in business, while allowing the licensee to retain their license does not reflect the reality of them ceasing business operations. Overall, revocation is a critical measure for maintaining oversight and protecting the interests of the public and the real estate sector.