Rhode Island License Law
A Rhode Island real estate salesperson moves from one broker to another. What must occur to transfer the license?
ANothing; the license transfers automatically
BThe salesperson must notify the DBR and the license must be transferred to the new broker✓ Correct
CThe salesperson must retake the licensing exam
DThe transfer occurs at the next license renewal
Explanation
When a Rhode Island salesperson changes employing brokers, they must notify the DBR and complete the required transfer process to affiliate their license with the new broker. The license is inactive until the transfer is completed.
Related Rhode Island Rhode Island License Law Questions
- Which Rhode Island state agency is responsible for licensing and regulating real estate brokers and salespersons?
- A Rhode Island salesperson operates under their own name and is not affiliated with a broker. This is:
- A Rhode Island real estate salesperson who wishes to become a broker must have at least how many years of active experience as a licensed salesperson?
- The Rhode Island Department of Business Regulation (DoBR) has the authority to do all of the following EXCEPT:
- How many hours of pre-license education are required to obtain a Rhode Island real estate salesperson license?
- Which of the following activities requires a real estate license in Rhode Island?
- Rhode Island allows for 'reciprocity' or 'endorsement' of real estate licenses from other states. This means:
- A Rhode Island salesperson's license is considered inactive when:
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