Question 97

A licensee may advertise property in his or her own name only when the licensee owns the property and discloses they are a licensee.

A licensee can advertise property in their own name only if they own the property and clearly disclose their status as a licensee. This ensures transparency and compliance with real estate regulations.

A) has the owner’s permission

While obtaining the owner's permission is important for advertising, it does not specifically meet the requirement that the licensee must own the property to advertise it in their own name. Therefore, this option is incorrect.

B) owns the property and discloses they are a licensee

This option is correct because it clearly states that the licensee must own the property and also disclose their status as a licensee when advertising. This aligns with regulatory standards that protect the public and ensure ethical advertising practices.

C) has at least a partial interest in the property

Having a partial interest in the property may allow for some involvement, but it does not satisfy the condition of ownership required for advertising in the licensee's name. Thus, this option is incorrect.

D) obtains a protective clause

Obtaining a protective clause does not relate to the ownership of the property or the ability to advertise it. Therefore, this option is not applicable in this context and is incorrect.

Conclusion

The correct answer is definitively B, as it encapsulates the essential requirements for a licensee to legally advertise property in their own name. All other options fail to meet the necessary criteria of ownership and disclosure, which are critical for compliance within the real estate profession.