Which of the following could lead to the suspension or revocation of a real estate license?

Fraud or misrepresentation is a serious violation in the real estate industry that can lead to the suspension or revocation of a real estate license. This is because real estate professionals have a legal and ethical obligation to conduct their business honestly and transparently. Engaging in fraudulent activities or making misrepresentations undermines the integrity of the real estate market and can harm clients and the public.

When a licensee is found to have committed fraud or misrepresentation, regulatory bodies like the Indiana Real Estate Commission take such violations seriously. They typically have the authority to impose disciplinary actions, which can include suspending or revoking a real estate license as a means of protecting the public and maintaining professional standards within the industry.

The other options do not present serious breaches of ethical or legal standards to the same extent as fraud or misrepresentation. For instance, timely payment of fees is a routine procedural requirement and failure to attend meetings, while potentially unprofessional, does not typically warrant such severe penalties unless it indicates a larger pattern of neglect. Conducting transactions without a written agreement may be a breach of good practice, but it does not have the same legal implications as fraud and misrepresentation.