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Under RELA, when a licensed Pennsylvania salesperson moves to a different brokerage, there is a period where the license transfer is being processed. During this transfer period, what may the salesperson do?

Correct Answer

C) The salesperson should not engage in licensed activities until the transfer is properly completed and the new broker affiliation is confirmed

Under RELA, a salesperson must be properly affiliated with a broker to engage in licensed activities. During the transfer process, the salesperson should ensure the new affiliation is properly recorded before engaging in real estate activities under the new broker.

Answer Options
A
Continue conducting transactions under the former broker's license until the transfer is complete
B
Operate independently until the new broker affiliation is confirmed by the SREC
C
The salesperson should not engage in licensed activities until the transfer is properly completed and the new broker affiliation is confirmed
D
The salesperson may practice under either broker during the overlap period

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Related Topics & Key Terms

Key Terms:

broker_transferlicense_transferlicense_categoriesRELA
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