Final answer:
The false statement about teams is that persons licensed under different brokers may be members of one team, which is typically not allowed due to real estate regulations.
Step-by-step explanation:
The question asks which statement about teams is false. Looking at the options provided:
- Persons licensed under different brokers may be members of one team. This is typically false because real estate teams usually operate under a single brokerage due to legal and regulatory reasons.
- Members select their own team leader. This can vary by team and brokerage, but it is not inherently false.
- Team advertising must show the name of at least one licensee team member. This is true and is often a requirement for legal and transparency reasons in advertising.
- The team leader may be a salesperson. This is true as a salesperson can be designated as a team leader.
Given these points, the false statement about teams is likely option A: that persons licensed under different brokers may be members of one team since real estate regulations often require a team to work under the same broker.