What is the term for the activation of a suspended or revoked license?

Study for the 75 Hour Broker Pre Licensing Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The term for the activation of a suspended or revoked license is reinstatement. When a license is suspended or revoked, it signifies that the individual is temporarily or permanently barred from using their license until certain conditions are met. Reinstatement refers to the process of restoring that license after the individual has fulfilled the necessary requirements set forth by the regulatory authority. This often involves addressing the issues that led to the suspension or revocation, such as completing required education, paying fines, or demonstrating rehabilitation.

The other terms do not accurately describe this process. Redemption generally refers to recovering something or making amends but does not specifically apply to the context of licensing. Reassessment typically involves evaluating a situation or condition anew, often in a broader context unrelated to licensing status. Resolution suggests coming to a conclusion or settlement regarding a dispute, which doesn't fit the specific process of restoring a license. Therefore, reinstatement is the correct and precise terminology used in licensing to indicate that an individual can resume their professional activities.

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