A licensed real estate salesperson is primarily responsible to:
Correct Answer
D) their employing broker.
California Business and Professions Code Section 10132 defines a real estate salesperson as someone who is employed by and acts for a licensed real estate broker, establishing the employing broker as the primary authority to whom the salesperson is responsible. The salesperson's license is legally attached to the broker's license, meaning the salesperson cannot practice independently, cannot receive commissions directly from clients, and must follow the broker's policies and supervision. This structure makes the employing broker the salesperson's primary professional, legal, and ethical superior.
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More Laws Of Agency Fiduciary Duties Questions
A property sold for $450,000. The commission rate was 6%. If the listing broker received 60% of the total commission, how much did the listing broker receive?
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