Tennessee Real Estate License Exam Practice Question
A firm has six branch offices. Each branch office MUST have
Correct Answer: A
Rationale: In a firm with multiple branch offices, each branch must have a separate principal broker to ensure compliance with regulatory requirements and effective management. This structure allows for accountability and oversight tailored to each location's needs.
Option B, while beneficial, is not a mandatory requirement in all jurisdictions, as the principal broker often fulfills managerial roles. Option C is incorrect because not every branch is legally required to have an affiliate broker; some may operate under the oversight of the principal broker. Option D is misleading, as supervision is typically the responsibility of the principal broker, not a separate affiliate broker.
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