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When does a salesperson's license expire?

  1. On the last day of the 24th month following issuance

  2. On the licensee's third birthday after application

  3. On the licensee's birthday each year

  4. Every other year on or before December 31st

The correct answer is: On the last day of the 24th month following issuance

A salesperson's license typically expires on the last day of the 24th month following its issuance. This means that from the moment the license is granted, the holder has a full two years before they need to renew it. This renewal process is essential to ensure that licensees remain compliant with any evolving regulations or continuing education requirements that may be applicable in their field. The other options suggest different renewal schedules, such as based on the licensee's birthday or specific calendar dates, which do not align with the standard two-year renewal period after issuance. It's important for salespersons to be aware of this timeline so they can plan accordingly to maintain their licensure without interruption.