A PA broker has licensed agents in both Pennsylvania and New Jersey. A client wants to sell a property in PA and buy one in NJ. Under the respective states' laws, how should the broker handle this?
Correct Answer
C) Use the PA license for the PA sale and the NJ license for the NJ purchase, ensuring compliance with each state's laws
The broker should use the PA license for the PA transaction and the NJ license for the NJ transaction. Each state requires its own proper licensure, and the broker must comply with each state's laws and regulations independently.
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