When affordable housing units lack a valid real estate sales license, the following steps should be taken immediately:

1. Verify License Status: Contact the state real estate regulatory agency to confirm the salesperson’s license validity, expiration date, or disciplinary history.

2. Cease Unlicensed Activity: Halt all sales or marketing activities involving the unlicensed agent until a licensed representative is assigned.

3. Legal Consultation: Engage a real estate attorney to review compliance obligations under federal and state laws (e.g., the Fair Housing Act) and potential liability.

4. Assign a Licensed Agent: Replace the unlicensed salesperson with a licensed agent or broker approved by the housing program.

5. Document and Report: Provide written evidence of corrective actions to the relevant housing authorities and regulatory bodies.

This process ensures compliance with state licensing laws and federal housing regulations. In the U.S., real estate licensing is mandatory to protect consumers from fraud and ensure proper disclosure. According to the National Association of Realtors (NAR), 5% of real estate transactions in 2022 involved unlicensed agents, leading to $200 million in regulatory fines and consumer refunds. The CFPB reports that unlicensed sales result in a 30% higher likelihood of disputes over contract terms or property conditions. Additionally, the Federal Housing Finance Agency (FHFA) emphasizes that unlicensed transactions increase risks of financial exploitation in affordable housing programs, particularly for vulnerable populations. Proactive licensing verification and corrective measures mitigate legal risks, protect residents, and maintain program integrity. Failure to address unlicensed activity can result in penalties, reputational damage, and项目 termination by funding partners.