A Rhode Island licensee encounters a Rhode Island team advertises using a team name. What should the licensee remember?
Correct Answer
B) The team name must include the word Team or Group
230-RICR-30-20-2 § 2.25 requires team names to include the word Team or Group in advertising. Source basis: Rhode Island Department of State official regulation 230-RICR-30-20-2 § 2.25 and R.I. Gen. Laws § 5-20.5-14; checked 2026-04-30.
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Related Topics & Key Terms
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Key Terms:
Related Concepts
License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.
Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
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