If a registered broker changes their business address, how long do they have to notify the Real Estate Commission?

Prepare effectively for the California Real Estate Exam with comprehensive quizzes, flashcards, and detailed explanations. Enhance your knowledge of real estate principles, laws, and regulations essential for passing the exam.

Multiple Choice

If a registered broker changes their business address, how long do they have to notify the Real Estate Commission?

Explanation:
When a registered broker changes their business address, they have 10 business days to notify the Real Estate Commission. Option A and C are incorrect because they suggest a shorter time frame than what is required. Option D is incorrect because it suggests a longer time frame than what is required. By choosing option B, the broker can ensure they are following the proper protocol and avoiding any potential penalties or fines for failing to notify the Commission within the designated time frame.

When a registered broker changes their business address, they have 10 business days to notify the Real Estate Commission. Option A and C are incorrect because they suggest a shorter time frame than what is required. Option D is incorrect because it suggests a longer time frame than what is required. By choosing option B, the broker can ensure they are following the proper protocol and avoiding any potential penalties or fines for failing to notify the Commission within the designated time frame.

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