72. An affiliate broker works part time for a firm that only handles commercial sales and leasing. A second broker, specializing in residential sales, invites the affiliate broker to join his firm. Before the affiliate broker may join the new firm, he MUST
Answer: C
The affiliate broker must terminate his current affiliation and file the required change request with the Commission.
Before the affiliate broker can join the new firm specializing in residential sales, he must terminate his current affiliation with the firm that handles only commercial sales and submit the necessary paperwork to the Commission.
A) obtain his current broker's written consent to the dual affiliation.
This option is incorrect because obtaining written consent from the current broker is not sufficient for the affiliate broker to join a new firm. The regulations require a formal termination of the current affiliation and a change request to the Commission to ensure compliance with licensing laws.
B) obtain the Commission's authorization for the dual affiliation.
This option is not applicable as the affiliate broker cannot maintain dual affiliations in this context. Instead, he needs to terminate his existing relationship before seeking to affiliate with the new firm, which means authorization cannot be granted for dual affiliation.
C) terminate his current affiliation and file the required change request with the Commission.
This is the correct option. The affiliate broker is required to end his current affiliation with the commercial firm and properly file a change request with the Commission, as this is the stipulated process for switching firms in the real estate industry.
D) complete additional education in residential contracts.
While additional education could be beneficial for the affiliate broker in his new role, it is not a prerequisite for changing firms. The primary requirement is to terminate the existing affiliation and file the correct paperwork with the Commission.
Conclusion
The correct answer is C because it aligns with the regulations governing real estate affiliations, which mandate that an affiliate broker must formally end their current affiliation before pursuing a new opportunity. All other options either misinterpret the requirements or suggest unnecessary steps, reinforcing that C is the definitive correct choice in this scenario.