What brokers should know about having multiple offices

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06/23/2016 | Author: TAR Legal Staff

Can a broker have multiple offices? If so, is there a limit on how many branch offices a broker can have?

A broker can have more than one branch office, and there is no limit on how many a broker can have. However, a broker must obtain a branch office license from the Texas Real Estate Commission for each location at which the broker or her agents meet with clients and customers to transact business.

To obtain a branch office license, brokers must complete an application and pay a $50 application fee for each office. Branch office licenses must also be renewed and expire when the main office license expires.

Find more useful legal information in the June issue of Texas REALTOR® magazine.

Categories: Legal
Tags: legal faq, legal, brokers


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Legal disclaimer

The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.

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