R.I. Gen. Laws tit. 5, ch. 20.5 – Real Estate Brokers and Salespersons | Midpage

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Rhode Island General Laws

Chapter 5-20.5

R.I. Gen. Laws tit. 5, ch. 20.5

Real Estate Brokers and Salespersons

5-20.5-1Definitions 5-20.5-2Persons exempt 5-20.5-3Contents of application — Application fee — Recommendations required 5-20.5-4Examination of applicants — Examination fee — Licensing without examination 5-20.5-5Real estate recovery account 5-20.5-6Duration and renewal of licenses — Continuing education rules and regulations — Suspension or revocation of licenses 5-20.5-7Fixed office required — Display of license — Notice of change of address and employment 5-20.5-8Corporations, partnerships, or associations engaging in business 5-20.5-9Temporary license issued to representative of deceased broker 5-20.5-10Nonresident brokers — Employment of unlicensed brokers restricted — Nonresident salespersons — Service of process 5-20.5-11Fees and license renewals 5-20.5-12Commission — Creation — Composition — Appointment, terms, and compensation of members — Officers — Deputy directors — Seal 5-20.5-14Revocation, suspension of license — Probationary period — Penalties 5-20.5-15Hearings before revocation or suspension of license 5-20.5-16Appeals 5-20.5-17Penalties for violations 5-20.5-18Department assistance in educational programs 5-20.5-19Real estate courses and schools — Regulation — Issue and revocation of permits — Exceptions 5-20.5-20Real estate school permit — Fees — Penalty for operation without permit prohibited 5-20.5-21Actions for recovery of fee or commission 5-20.5-22Severability 5-20.5-25Errors and omissions insurance required of real estate licensees 5-20.5-26Escrows 5-20.5-27License required for ownership 5-20.5-28Order to cease unsafe practices — Appeal