For how long can the designated salesperson close existing business if their broker has died?

In West Virginia, the law allows a designated salesperson to continue to close existing business for a period of six months following the death of their broker. This provision is in place to ensure that transactions previously initiated can be completed without disruption, providing continuity for clients and protecting the interests of those involved in real estate transactions.

During this six-month window, the designated salesperson can finalize deals and handle other business matters effectively, allowing enough time for the brokerage to appoint a new broker. This rule reflects the legal framework that emphasizes the importance of maintaining fiduciary obligations and preserving business relationships even in challenging circumstances like the death of a broker. After this six-month period, however, the salesperson must cease operations in the absence of a broker to ensure compliance with licensing regulations.