§ 5-20.5-7. Fixed office required — Display of license — Notice of change of address and employment.
Each resident licensed real estate broker must maintain a fixed office within this state. All business records relating to real estate transactions and to the management of that office must be kept on the premises of the fixed office location. The original license as real estate broker and the original license of each real estate salesperson in the employ of or under contract with that real estate broker shall be prominently displayed in the office. A real estate broker shall communicate any change of fixed office location to the director, and a real estate salesperson shall communicate any change of employment or broker affiliation to the director, immediately upon or prior to such change.
History of Section.P.L. 1973, ch. 215, § 2; P.L. 2011, ch. 102, § 1; P.L. 2011, ch. 113, § 1.
Structure Rhode Island General Laws
Title 5 - Businesses and Professions
Chapter 5-20.5 - Real Estate Brokers and Salespersons
Section 5-20.5-1. - Definitions.
Section 5-20.5-2. - Persons exempt.
Section 5-20.5-3. - Contents of application — Application fee — Recommendations required.
Section 5-20.5-4. - Examination of applicants — Examination fee — Licensing without examination.
Section 5-20.5-5. - Real estate recovery account.
Section 5-20.5-8. - Corporations, partnerships, or associations engaging in business.
Section 5-20.5-9. - Temporary license issued to representative of deceased broker.
Section 5-20.5-11. - Fees and license renewals.
Section 5-20.5-13. - [Repealed.]
Section 5-20.5-14. - Revocation, suspension of license — Probationary period — Penalties.
Section 5-20.5-15. - Hearings before revocation or suspension of license.
Section 5-20.5-17. - Penalties for violations.
Section 5-20.5-18. - Department assistance in educational programs.
Section 5-20.5-21. - Actions for recovery of fee or commission.
Section 5-20.5-22. - Severability.
Section 5-20.5-23. - [Repealed.]
Section 5-20.5-24. - [Repealed.]
Section 5-20.5-25. - Errors and omissions insurance required of real estate licensees.
Section 5-20.5-27. - License required for ownership.
Section 5-20.5-28. - Order to cease unsafe practices — Appeal.