Current through September, 2024
Section 16-99-5.2 - Statewide license A brokerage firm may associate or employ a salesperson or broker-salesperson who resides on an island different from that of the principal place of business, provided that:
(1) The principal broker shall maintain compliance with section 467-1.6, HRS, and all other requirements for supervision;(2) The salesperson or broker-salesperson shall not maintain or advertise a place of business other than the principal place of business;(3) Any advertisements on an island different from that of the principal place of business shall disclose the name of the brokerage firm and the address and phone number of the principal place of business;(4) All agency disclosures required by section 16-99-3.1 shall include that the principal place of business is located on a different island; and(5) The salesperson or broker-salesperson shall provide clients with an effective means of communication with the principal broker, at no cost to the client. [Eff and comp 5/21/01] (Auth: HRS § 467-4) (Imp: HRS §§ 467-1.6, 467-12)