Pennsylvania License Law

When a Pennsylvania salesperson changes employing brokers, what must happen to the license?

AThe salesperson keeps the original license and notifies the Commission within 30 days
BThe license must be transferred from the old broker to the new broker, with the Commission notified✓ Correct
CThe salesperson must retake the licensing exam
DThe license is automatically revoked and a new application must be filed

Explanation

A Pennsylvania salesperson's license is held by the employing broker. When changing brokers, the license must be formally transferred to the new broker, and the Commission must be notified. The salesperson cannot practice until the transfer is complete.

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