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Pa Rela Brokerage RulesBrokerage_operationsEASY

Under RELA, a Pennsylvania brokerage must ensure that all licensees affiliated with the brokerage have completed what requirement before practicing real estate?

Correct Answer

B) Active license registration with the SREC under the brokerage's broker of record

Under RELA (63 P.S. §455.604), all licensees must have active license registration with the SREC and be properly affiliated with the brokerage's broker of record before engaging in any real estate activities.

Answer Options
A
A mandatory one-year apprenticeship with a senior salesperson
B
Active license registration with the SREC under the brokerage's broker of record
C
Federal background checks conducted by the FBI every six months
D
A personal liability insurance policy of at least $5 million

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Related Topics & Key Terms

Key Terms:

license_registrationactive_licenseSRECbroker_affiliationbrokerage_operationsRELA
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