What must a non-resident licensee do within 60 days of changing residency?

The requirement for a non-resident licensee to notify the commission of a change in residency within 60 days is critical to maintain compliance with real estate regulations. This notification ensures that the licensing authority is aware of the licensee's current residency status, which can affect the validity of their license and their ability to conduct real estate transactions.

Maintaining accurate records is essential for regulatory bodies to enforce local laws and ensure that licensees are operating under the appropriate jurisdiction. This requirement also helps protect consumers by ensuring that real estate professionals are held accountable within the areas they serve.

The other options, while related to maintaining a real estate license, do not reflect the specific action required after a residency change. Updating a broker license or filing for a new license could be necessary under different circumstances, but they do not specifically address the immediate need to inform the commission of residency changes. Ceasing all real estate activities is an unnecessary action when the primary step is simply notifying the commission.