Question 89

A licensee may have only one sponsoring broker at a time.

A licensee is not permitted to work for multiple sponsoring brokers simultaneously, which includes working for a different realty company on weekends. Therefore, the licensee cannot work for ABC Realty while being sponsored by XYZ Realty.

A) No, a licensee may have only one sponsoring broker at a time

This option is correct as it accurately reflects the regulations governing real estate licensure. A licensee must have a single sponsoring broker to maintain compliance with licensing laws, preventing them from working for another brokerage, such as ABC Realty, while still under the sponsorship of XYZ Realty.

B) Yes, but the licensee must also obtain a leasing agent license

This option is incorrect because even if a leasing agent license were required, the primary issue is that a licensee cannot have multiple sponsoring brokers. Obtaining additional licensing does not address the core regulatory limitation on sponsorship.

C) No, licensees may not work for property management companies

This option is misleading. While the licensee is not allowed to work for multiple sponsoring brokers, there is no blanket prohibition against licensees working for property management companies. The key issue here is the single sponsorship requirement, not the nature of the work.

D) Yes, the licensee must reside on one of the managed properties

This option is incorrect as it introduces an irrelevant condition. The requirement to reside on a managed property does not apply to the situation where a licensee is already sponsored by a brokerage. The crux of the matter is that the licensee cannot work for another broker while being sponsored by a different one.

Conclusion

The definitive answer is that a licensee may only have one sponsoring broker at a time, which is why Option A is correct. All other options fail to address the primary regulatory issue of dual sponsorship, either misinterpreting the rules or introducing irrelevant conditions.