When a broker fell on hard times, he stopped paying his dues to NAR for two years. He still uses the REALTOR® designation in his advertising and on his business cards. Which of the following is true?
A) NAR can do nothing
B) The broker can be sued by NAR
C) The broker can be disciplined by the Real Estate Commission
D) The broker is a member for life, so he is free to use the REALTOR® designation
Correct Answer:
Verified
Q23: The term "REALTOR®" is synonymous with
A) real
Q24: A real estate listing is a contract
Q25: Which of the following is NOT a
Q26: Real estate brokers may operate a business
Q27: A listing is a contract between a
Q29: For a corporation to be granted a
Q30: Typically there is no specific educational requirement
Q31: The ultimate responsibility for a mistake in
Q32: Which of the following may conduct a
Q33: A duly qualified person who has passed
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