Leasing License Practice Exam

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Prepare for the Leasing License Test using our comprehensive flashcards and multiple-choice questions. Each question includes hints and explanations to enhance your learning experience. Excel in your examination!

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What must a sponsoring broker do if they provide a sponsor card to an applicant?

Conduct an interview
Provide a valid license
Get a recommendation from other agents
Charge additional fees

The correct answer is: Provide a valid license

When a sponsoring broker provides a sponsor card to an applicant, it is essential that they also provide a valid license. This is because the sponsor card is part of the application process for the applicant to obtain their real estate license. The sponsor card signifies that the applicant is being sponsored by a licensed broker who is responsible for their training and oversight in the real estate profession. Providing a valid license assures that the broker is duly licensed and recognized by the governing body overseeing real estate practice in their jurisdiction. This is a critical step, as it establishes the legitimacy of the sponsorship and the authority under which the applicant can operate once they obtain their license. The other options may involve procedural elements or best practices within a brokerage, but they do not fulfill the legal requirement that exists when a sponsoring broker provides a sponsor card.