New Jersey Real Estate Practice Exam Practice Question
Which of the following statements about branch offices is INCORRECT?
Correct Answer: C
Rationale: Option C is incorrect because branch office supervision typically requires a single designated supervisor who holds the appropriate license, rather than allowing two salespersons to share responsibilities. This ensures clear accountability and oversight within the office.
Option A is accurate; the name of the branch office supervisor must indeed be recorded with the commission to maintain proper regulatory oversight.
Option B is also correct, as a licensed broker-salesperson is required to supervise the office on a full-time basis to ensure compliance with real estate regulations and effective management.
Option D is true; the employing broker remains ultimately responsible for all licensees in the branch office, emphasizing the broker's accountability in maintaining standards and compliance.
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