Rhode Island License Law
A Rhode Island salesperson becomes a licensed broker. What must occur for them to operate as an independent broker?
AThey may immediately begin operating independently
BThey must obtain a broker's license, establish their business entity, and obtain the required broker's license for the firm from the DBR✓ Correct
CThey need only notify the DBR in writing
DThey must have 10 years of experience first
Explanation
To operate as an independent broker in Rhode Island, a licensee must obtain a broker's license, establish the appropriate business entity (sole proprietorship, LLC, corporation), and obtain the broker license for the firm from the DBR.
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