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3 Cards in this Set
- Front
- Back
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Licensed Resident Broker |
A licensed resident broker shall maintain a usual place of business within the Commonwealth. Must Display a copy of their license in a conspicuous location within the business premises A brokers license may be revoked for failure to notify the board of the change of the business address |
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Non Resident Licensee |
A non resident can obtain a real estate license in the state of Massachusetts. Not required to have a usual place of business within the Commonwealth Non Resident must file a Power of Attorney instrument with the Chairperson of the Real Estate Board This allows the chair to accept all legal summonses issued to the non-resident |
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Real Estate Licensing Law |
Protects the public interest Became Effective January 1, 1960 Expression of Police Power Legislature enacts the law The Board publishes and administers |
