Definition:   the license status that results when a licensee has met all of the requirements for licensure but chooses not to engage in the real estate business and has requested the license be put in this status.

Pronunciation:   \ˈvä-lən-ˌter-ē\ \(ˌ)i-ˈnak-tiv\

Used in a Sentence:    Mary placed her license in voluntary inactive status while she was on maternity leave.