New Jersey Real Estate Exam Practice Question
Which of the following statements about branch offices is INCORRECT?
Correct Answer: C
Rationale: Option C is incorrect because branch offices must have a single designated supervisor who holds overall responsibility, rather than sharing supervisory duties between two salespersons. This ensures clear accountability and compliance with regulations.
Option A is accurate; recording the branch office supervisor's name with the commission is a regulatory requirement for transparency. Option B is also correct; a licensed broker-salesperson must supervise the office full-time to maintain oversight and effective management. Option D is true as well; the employing broker holds ultimate responsibility for all licensees in the branch, ensuring adherence to legal and ethical standards.
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