1. Every real estate broker shall have and maintain a definite place of business within the State, which must be a room or rooms used for the transaction of real estate business, or such business and any allied businesses, and which must serve as the office for the transaction of business under the authority of the license, and where the license must be prominently displayed. 2. The place of business must be specified in the application for license and designated in the license. 3. No license authorizes the licensee to transact business from any office other than that designated in the license. 4. Each city, town or county may require a license for revenue purposes for a licensed real estate broker or owner-developer who maintains an office within the city or town, or within the county outside the cities and towns of the county, respectively.
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