Maine Real Estate License Practice Exam

Who is responsible for reporting a licensee's change of affiliation to the Maine Real Estate Commission?

1. The licensee who is changing affiliation

2. The Designated Broker of the company the licensee is leaving

3. The Designated Broker that hires the licensee

4. All of the above

The correct answer is: The Designated Broker of the company the licensee is leaving

The responsibility for reporting a licensee's change of affiliation to the Maine Real Estate Commission primarily falls on the Designated Broker of the company the licensee is leaving. This is because the Designated Broker represents the brokerage and plays a crucial role in maintaining compliance with state regulations. When a licensee changes their affiliation, it reflects on the brokerage's operations, and the Designated Broker must ensure that the Commission is informed to keep all records current and accurate. While the licensee is certainly aware of their own changes and may also take initiative to report, the formal obligation lies with the Designated Broker of the departing company. This helps maintain an organized and systematic approach to managing licensee affiliations, ensuring that the Commission has the most up-to-date information. The current and new Designated Brokers should also coordinate with each other to manage this transition efficiently, but the primary responsibility for reporting the change remains with the Broker from the previous firm.