Under what condition can the broker experience be earned by working for an owner/developer?

The condition under which a broker experience can be earned by working for an owner or developer is specifically tied to the owner or developer being a licensed broker with a current, active license. This is important because, in real estate, the experience gained must be under the supervision of someone who is properly licensed to ensure compliance with the legal and professional standards of the industry.

When an owner or developer holds a valid broker's license, they are recognized as being qualified to guide and direct brokerage activities, providing the necessary oversight and mentorship that contributes to the experience of the associate. This relationship allows the associate to gain valuable insights and skills necessary for their professional development in real estate.

In comparison, the other options focus on factors such as the length of time the owner/developer has been in business or their licensure status from a different state, neither of which fulfill the requirement for providing valid broker experience. Similarly, the previous holding of a broker license does not provide current oversight or active mentorship if the individual is no longer a licensed broker. Hence, being a licensed broker with an active status is the crucial condition that allows for legitimate broker experience.