89. A licensee sponsored by XYZ Realty wants to work for ABC Realty on the weekends. ABC Realty is a licensed property management company. Is the licensee permitted to do this?
Answer: A
A licensee may have only one sponsoring broker at a time
A licensee is permitted to work under only one sponsoring broker at any given time, which means they cannot simultaneously represent multiple brokerages such as XYZ Realty and ABC Realty.
A) No, a licensee may have only one sponsoring broker at a time
This option is correct as it aligns with the regulations governing real estate licensees. Licensees must have a single sponsoring broker to ensure that their activities are properly managed and that they adhere to the legal and ethical standards of the industry.
B) Yes, but the licensee must also obtain a leasing agent license
This option is incorrect because having a leasing agent license does not allow a licensee to work for a different sponsoring broker while still being sponsored by another. The primary requirement remains that a licensee can only work under one broker.
C) No, licensees may not work for property management companies
This statement is misleading. Licensees are allowed to work for property management companies; however, they must do so under the auspices of their sponsoring broker. Thus, this option does not accurately address the specific scenario presented.
D) Yes, the licensee must reside on one of the managed properties
This option is incorrect as it introduces an irrelevant condition that is not applicable to the situation. A licensee’s residency on a managed property does not permit them to work for another brokerage while still being sponsored by their current broker.
Conclusion
Option A is definitively correct as it reflects the core principle that a licensee cannot have more than one sponsoring broker at a time. All other options misinterpret the regulations or introduce conditions that do not apply, thereby failing to address the primary restriction on licensing.