When must the designated qualifying representative notify the Board if they leave a licensed home builder company?

The designated qualifying representative must notify the Board immediately upon leaving a licensed home builder company because this immediate notification ensures that the regulatory body is aware of changes that could affect the licensing status of the company. The role of the qualifying representative is critical in maintaining compliance with state laws, and their departure may raise concerns about the company’s ability to operate within the legal framework established for home builders. Prompt notification helps the Board assess the situation and take appropriate actions to either confirm the ongoing eligibility of the company or address any potential compliance issues that may arise from the change in leadership or responsibility. This requirement underscores the importance of transparency and maintains the integrity of the licensing process in the construction industry.