Can a broker's license be issued without the broker's signature?

The correct answer indicates that a broker's license can indeed be issued without the broker's signature, specifically in the scenario where the license is sent back for cancellation. This is significant because it highlights a specific situation in real estate licensing practices where a license may be processed without the typical requirement of a signature.

In this context, a broker's license serves as an official document that legitimizes the broker's ability to operate within the framework of real estate transactions. Typically, signatures are required to confirm the intent and acknowledgment of the broker regarding the terms of their licensure. However, when a license is in a state of cancellation—whether due to voluntary resignation, administrative issues, or other factors—the regulatory body may allow certain processes to continue, including issuing a license for record-keeping purposes or as part of a transitional phase that does not necessitate immediate signature confirmation.

Other options don't accurately reflect the nuances of the licensing procedures or fail to account for the specific conditions under which licenses may be handled differently, resulting in their inability to qualify as the correct answer.