Rhode Island License Law
A Rhode Island licensee who moves to a new broker must:
ARetake the licensing examination
BWait 90 days before transferring
CNotify the DoBR and transfer their license to the new broker✓ Correct
DSurrender their license and apply for a new one
Explanation
When a Rhode Island licensee changes employing brokers, they must notify the DoBR and transfer their license to the new broker. The license cannot be held independently by the salesperson.
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