A Utah principal broker is responsible for supervising affiliated licensees. If an affiliated agent commits a violation, who may face disciplinary action from the Division of Real Estate?
Correct Answer
C) Both the individual agent and the principal broker if the broker failed to adequately supervise
Under Utah Code §61-2f, both the individual licensee and the principal broker may face disciplinary action. The principal broker has a statutory duty to supervise all affiliated licensees, and failure to provide adequate supervision can result in separate discipline for the broker.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.
The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.
An agency relationship created when a principal's actions or words lead a third party to reasonably believe that an agent has authority, and the principal fails to correct this belief.
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