32. A licensee may use the term "REALTOR" or "REALTOR ASSOCIATE" ONLY if the licensee is:

Answer: B

Explanation:

A licensee may use the term "REALTOR" or "REALTOR ASSOCIATE" ONLY if the licensee is a member of the National Association of REALTORS®.

A licensee is permitted to use the terms "REALTOR" or "REALTOR ASSOCIATE" only when they are a member of the National Association of REALTORS®, which establishes specific ethical and professional standards for real estate professionals.

A) duly licensed by the state real estate commission

While being duly licensed by the state real estate commission is essential for practicing real estate, it alone does not grant the right to use the terms "REALTOR" or "REALTOR ASSOCIATE." These designations are specifically reserved for members of the National Association of REALTORS®.

B) a member of the National Association of REALTORS®

This option is correct. The designation of "REALTOR" or "REALTOR ASSOCIATE" is exclusive to members of the National Association of REALTORS®, which means only those who have joined this professional organization can rightfully use these terms.

C) an owner and a manager of a real estate company

Being an owner and manager of a real estate company does not automatically qualify an individual to use the terms "REALTOR" or "REALTOR ASSOCIATE." Membership in the National Association of REALTORS® is the requirement, regardless of one's position within a real estate company.

D) a member of a national franchise

Membership in a national franchise does not confer the right to use the terms "REALTOR" or "REALTOR ASSOCIATE." This designation is specifically tied to membership in the National Association of REALTORS®, not to franchise affiliation.

Conclusion

The correct answer is B, as it directly aligns with the requirement that only members of the National Association of REALTORS® can use the terms "REALTOR" or "REALTOR ASSOCIATE." All other options fail to meet this specific criterion, highlighting the unique association these designations have with the professional organization.