Massachusetts License Law
In Massachusetts, a brokerage firm operating as a corporation must have:
AAll shareholders licensed as real estate brokers
BA licensed broker as its designated officer responsible for its real estate activities✓ Correct
CA minimum of 5 licensed agents
DApproval from the Secretary of State's real estate division
Explanation
A Massachusetts corporate real estate brokerage must designate a licensed broker who is responsible for the firm's real estate brokerage activities. This designated officer (broker of record) is accountable to the Board of Registration for the firm's compliance with license law.
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