Sales agents: Association with project broker.
1. A sales agent may work for only one project broker at any one time at the location designated in the license.
2. A project broker shall give written notice to the Division of a change of association of any sales agent associated with him within 10 days after that change.
3. The project broker, upon the termination of the employment of any sales agent associated with him, shall submit that agent’s license to the Division.
4. If a sales agent changes his association with any project broker or changes his location with the same project broker, he must apply to the Division for the reissuance of his license for its unexpired term. The application must be accompanied by a fee of $10.
5. A sales agent may only become associated with a project broker who certifies to his honesty, trustworthiness and good reputation.
Last modified: February 27, 2006