License Law and Regulations

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Legal

A situation where a broker serves as broker for more than one firm is ________.

Only Betsy's license

Broker Betsy has five salespersons working under her supervision. Whose license must be displayed in the brokerage office?

2 years

Theresa let her real estate license lapse a few months ago, but she's thinking about reactivating it. If she meets all the requirements for renewal within ________ of the expiration of her license, she won't have to retake the state licensing exam.

The Firm's Broker

Within the brokerage, who's ultimately responsible for supervising unlicensed employees' business activities?


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