Massachusetts License Law
A Massachusetts licensee who acts as a principal in a real estate transaction (buying or selling for their own account) must:
ASurrender their license during the transaction
BDisclose their licensee status in the transaction✓ Correct
CUse a different broker
DNotify the MLS
Explanation
Massachusetts licensees who are parties to a transaction (buying or selling for their own benefit) must disclose their status as real estate licensees to the other party. This is a material fact affecting the transaction.
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