Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Joe is the licensed broker of Real Time Realty selling residential properties. His sister-in-law wants him to work for her at Realty Commercial, for just

Joe is the licensed broker of Real Time Realty selling residential properties. His sister-in-law wants him to work for her at Realty Commercial, for just one day a week, as a broker associate selling commercial property. Can Joe do both?

As the broker, Joe is doing two different jobs; so it is okay to have two different licenses.

No. It is a license law violation to hold a broker associate license or a sales associate license at the same time as holding a broker's license.

As the broker, he is using his license efficiently.

Joe needs a group license to avoid any problems.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Structured Finance And Insurance

Authors: Christopher L. Culp

2nd Edition

0471706310, 978-0471706311

More Books

Students also viewed these Finance questions

Question

What is the preferred personality?

Answered: 1 week ago