Question 69

A licensee can advertise property solely under their own name if they own the property.

A licensee is permitted to advertise property under their own name only if they are the legal owner of that property. This means that personal ownership grants them the right to promote the property independently.

A) with the principal broker's approval.

This option is incorrect because a licensee cannot advertise under their own name just with the principal broker's approval unless they also own the property. Approval from the broker does not confer ownership rights that allow for personal advertising.

B) If they own the property.

This option is correct as it aligns with real estate regulations that state a licensee may advertise a property under their own name only when they are the actual owner. Ownership provides the necessary legal basis for such advertising.

C) as long as the listing price is included in the ad.

This option is incorrect because including the listing price does not grant a licensee the right to advertise under their own name. The key factor is property ownership, not the details included in the advertisement.

D) under no circumstances.

This option is incorrect because there are specific circumstances—namely, ownership of the property—under which a licensee can advertise under their own name. Thus, this blanket statement does not accurately reflect the rules governing property advertising.

Conclusion

The correct answer is B) If they own the property, as it accurately reflects the legal requirements for a licensee to promote a property independently. All other options fail to meet the criteria for advertising rights, either misrepresenting the requirements or incorrectly asserting restrictions.