As a licensed real estate professional, your reputation and livelihood depend on maintaining a strong track record of ethical and responsible practice. However, even a single accusation of misconduct or violation of state regulations can jeopardize everything you have so worked hard to build. In such situations, working with the skilled Professional License Defense Team at the Lento Law Firm can help you protect your interests and safeguard your future.
When it comes to professional licensure concerns, time is of the essence. The moment you become aware of a complaint or accusation against you, it's essential to take swift action to protect your interests and safeguard your career. A board has fairly broad license when it comes to their decisions, and they also have a low burden of proof. This is why it's critical to get assistance. One of the most effective steps you can take is to seek the assistance of professional license defense Attorney Joseph D. Lento with experience in real estate license defense.
Types of Offenses that Could Lead to Revocation of Your Real Estate License
Real estate professionals are required to meet and follow strict regulations in order to keep their license, and failure to do so can result in disciplinary action, including suspension or revocation of your license. It's critical to know the types of offenses that could lead to the potential loss of your license and to understand what steps you can take to avoid them.
One common reason for license revocation is fraudulent activity. This could mean actions such as false advertising or falsifying records, or even mortgage fraud. Any financial misconduct, such as mishandling client money, is also grounds for losing your license. Criminal convictions, particularly for fraud-related crimes or felony convictions, can keep you from being able to receive or retain your real estate agent's license.
Other examples of potential violations include: breaking client confidentiality rules, violating the Fair Housing Act, failing to maintain your continuing education (CE) requirements, acting outside the scope of your license, or selling real estate without a valid license.
These are some broad examples of possible reasons for revocation; however, it's important to check your state's laws, as those vary from state to state.
Investigative and Disciplinary Process for Real Estate Professionals
Generally, if someone files a complaint against your license, the state's real estate licensing board will investigate to determine whether or not the complaint is worth investigating (i.e., if the complaint has merit). What does this investigation entail? Well, usually, it includes components such as issuing subpoenas for documents, compiling evidence, speaking with witnesses, and inviting you to respond in writing to the complaint and provide any corroborating evidence.
After the investigation concludes, the board will decide whether they've uncovered sufficient evidence to further pursue and consider the complaint against you. If they do believe this to be the case, they may offer you a consent agreement or consent order. This formal document states that you admit wrongdoing/responsibility for the complaint. Additionally, you agree to the board's recommended course of discipline.
If you're not offered, or choose not to sign, a consent order, you'll have to go to a formal hearing with the board. At this hearing, the board will make a final decision about what disciplinary action to take, which could include revoking your real estate license.
Long-Term Consequences of Losing Your Real Estate License
Even if the board imposes relatively minor disciplinary measures, such as imposing fines or placing you on probation, these actions can still be detrimental to your career because they become a part of your public record. Moreover, if your license is suspended or revoked, you may face challenges in securing a license in another state or profession that mandates a license.
Besides the professional implications, disciplinary action or license loss can also result in personal and financial repercussions. You may experience a reduction in income and find it challenging to attract new clients, which could harm your livelihood. Subsequently, your reputation may suffer, impacting your personal and professional relationships. A relationship-based career such as real estate depends on the strength of your connections and referrals. Homes are important to people – and they want someone that is trustworthy while they look into and consider such a large and monumental purchase.
Protecting Your Career with a Professional License Defense Attorney
Navigating the disciplinary process can be overwhelming, particularly when your livelihood and career are at stake. It is essential to work with professional license defense Attorney Lento, who has experience defending real estate professionals facing disciplinary action or loss of license.
A skilled Professional License Defense Team can provide you with comprehensive legal assistance to navigate the disciplinary process. They can review the accusations against you and develop a defense strategy while acting as your official legal representative during all proceedings. They can compile evidence to support your side/defense, prepare a compelling written response to the complaint, and negotiate with the licensing board for the most favorable outcome possible, including preventing a hearing. If necessary, they can defend you vigorously in a formal hearing to protect your interests and safeguard your future.
Navigating the investigative and disciplinary process can be challenging and confusing, and the consequences of losing a license can be devastating. Whether you're facing a complaint or at risk of losing your license, Attorney Lento can help you achieve the best possible outcome.
The Professional License Defense Team at the Lento Law Firm Can Help
Working with Attorney Lento can level the playing field and ensure that your rights are protected throughout the process. The Professional License Defense Team at the Lento Law Firm has extensive experience in real estate license defense and can help you through the investigative and disciplinary process with confidence. Don't wait until it's too late. Contact Attorney Joseph D. Lento and the Professional License Defense Team at the Lento Law Firm at (888) 535-3686 today to schedule a consultation and start protecting your career. You can also reach out to them online.