| (a) A branch office license is required when the public would reasonably construe that the broker has an office at a location other than the location of the broker's main office address. (b) A branch office license must be applied for and obtained if a broker maintains more than one place of business. Even though an office is used only by salespersons, it remains the broker's office as the broker is responsible for all business activities conducted from it. (c) A branch office license is not required for a licensee selling property under exemption of the Real Estate License Act (Act), §3(6). (d) A licensed broker may have as many offices and use as many assumed business names as the broker desires, provided branch office licenses are obtained and the assumed names are filed with the commission. (e) A broker's branch office license shall reflect the address at which the
broker's branch office license is actually located, provided, however, that a post office box number in the same city may also be shown on the license.
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| Source Note: The provisions of this §535.112 adopted to be effective January 1, 1976; amended to be effective November 8, 1977, 2 TexReg 4097; amended to be effective May 29, 1984, 9 TexReg 2710; amended to be effective June 22, 1990, 15 TexReg 3326; amended to be effective May 27, 1998, 23 TexReg 5436.
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