Leasing License Practice Exam

What is a requirement for advertisements per the license act?

1. Affiliation with a local real estate office

2. Broker's name only

3. Broker's name, company and contact information

4. The license number of the broker

The correct answer is: Broker's name, company and contact information

Advertisements for real estate must adhere to specific standards set forth in the licensing laws to ensure transparency and professionalism within the industry. When an advertisement includes the broker’s name, the company associated with the broker, and contact information, it fulfills the legal requirement for clear identification of the service provider. This information helps potential clients know who they are dealing with and how to reach them for questions or service inquiries. Including the company name establishes the legitimacy of the advertisement and allows consumers to verify the broker’s affiliation with a licensed company. It also conveys accountability, as clients can trace their dealings back to a recognizable business entity. The other options, while containing elements that could be part of an advertisement, do not encompass all the required details. For instance, affiliation with a local real estate office may not be necessary or applicable for all advertisements. Similarly, listing only the broker’s name does not provide enough context or accessibility for clients. The broker's license number, while important in many contexts, is not a standard requirement for advertisements to be considered compliant with licensing regulations.