1 article
If the period of validity as provided for in Article 3, paragraph (2), expires; a license ceases to be effective pursuant to the provisions of Article 11, paragraph (2); or a Real Estate Broker falls under Article 11, paragraph (1), item (i) or (ii), or is subject to a license rescission pursuant to the provisions of Article 25, paragraph (7); Article 66; or Article 67, paragraph (1); a person formerly constituting said Real Estate Broker or a general successor thereto is still to be regarded as a Real Estate Broker to the extent required to complete transactions based on an agreement concluded by said Real Estate Broker.
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