Which entity must brokers keep informed of their current firm name and address?

Prepare for the Virginia Real Estate Exam with our interactive quiz. Study using multiple choice and flashcards, complete with hints and detailed explanations. Ace your test with confidence!

Brokers are required to keep the state licensing board informed of their current firm name and address to ensure compliance with regulatory standards and maintain their license in good standing. This information is crucial for maintaining accurate records within the state’s real estate regulatory framework. It also aids in the enforcement of laws and regulations governing real estate practice, enabling the board to effectively communicate any important updates or changes that may affect the broker's operations. Keeping the licensing board informed ensures that all legal and procedural requirements are met, thereby protecting both the broker and their clients.

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