Processes in Microsoft 365 for setting up Office apps, redeeming product keys, and activating licenses.
Hi,
I recommend uninstalling Office 2021.
https://support.microsoft.com/en-us/office/lifecycle/officeinstall/uninstall-office-for-mac
Check if you are on Mac OS version 12.7.6.
If so, you will install Office 16.89.2 from the link below:
https://learn.microsoft.com/en-us/officeupdates/update-history-office-for-mac
Try the installation and log in with the account that has Office 2021.
Please consider rating the question (accept the answer or not), and access the community at Microsoft Q&A if you have further questions.
Thanks