Question 162

C: Two salespersons may be designated to share supervising responsibilities.

This statement is incorrect because branch offices require a designated supervisor who is a licensed broker-salesperson. The regulations do not allow for two salespersons to share supervisory duties, as there must be a clear responsible party for overseeing the office.

A) The name of the branch office supervisor must be recorded with the commission.

This statement is correct. It is a regulatory requirement that the name of the branch office supervisor be recorded with the commission to ensure proper oversight and accountability of the office's operations.

B) A licensed broker-salesperson must supervise the office on a full-time basis.

This statement is correct. Regulations stipulate that a licensed broker-salesperson must be present to supervise the branch office full-time, ensuring that all activities comply with legal and professional standards.

D) The employing broker is ultimately responsible for all licensees employed at the branch office.

This statement is correct. The employing broker holds ultimate responsibility for the actions and compliance of all licensees in the branch office, ensuring that the office operates within legal boundaries and maintains professional standards.

Conclusion

The statement that two salespersons may share supervisory responsibilities is incorrect because regulations require a single licensed broker-salesperson to manage the branch office. The other options correctly reflect the necessary supervisory structure and accountability within branch offices, emphasizing the importance of proper oversight in the real estate industry.