Under California law, who has the ultimate responsibility for the actions of a real estate salesperson in a transaction?
Correct Answer
D) The supervising broker
Under California Business and Professions Code §10159.2, the supervising broker has ultimate responsibility for the actions of their salespersons. The broker is required to exercise reasonable supervision over the activities of their salespersons and is liable for their conduct in real estate transactions.
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Previous Question
A homeowner in California asks a friend who is a licensed real estate agent to help sell their home but says, 'Don't worry about any formal paperwork — just find me a buyer.' The agent finds a buyer and the sale closes. The homeowner then refuses to pay the commission. Under California law, can the agent collect the commission?
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Under California law, which of the following would most likely create a valid implied agency relationship, even without a written agreement?