New Jersey Real Estate License 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 to ensure accountability and compliance with regulations. Sharing supervisory responsibilities between two salespersons can lead to confusion regarding oversight and responsibility.
Option A is accurate; recording the branch office supervisor's name with the commission is a regulatory requirement for transparency and accountability.
Option B is also correct, as a licensed broker-salesperson must supervise the office full-time to maintain effective oversight and support for the team.
Option D correctly states that the employing broker holds ultimate responsibility for all licensees at the branch office, ensuring compliance with laws and regulations.
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