Which factors determine whether registration is required for a real estate location?

• A. All of the above
• B. Permanence of the location
• C. The character of activities conducted there
• D. Use of the location

Answer: (D)

Registration for a real estate location is determined by how the space is used for real estate activities. If a place is used as a base to conduct real estate business—meeting clients, showing properties, preparing and signing documents, advertising listings, and keeping records—it functions as a place of business and must be registered. If, however, the space isn’t used for real estate transactions or client meetings, and merely serves other purposes, registration isn’t required. The permanence or the specific type of activities can inform you about how the space is used, but the deciding factor is the actual use of the location for real estate business.