Which answer most accurately states the Florida rule for branch office supervision?
Correct Answer
A) Branch-office operations must still remain under proper broker supervision.
Branch-office operations must still remain under proper broker supervision. This follows F.S. § 475.25(1)(u); Rule 61J2-10.032, F.A.C.; Rule 61J2-14.012, F.A.C.; FREC Real Estate Law Book.
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Broker Mitchell receives a request from a former client for copies of transaction documents from a sale that closed 3 years ago. The client claims to need the documents for a tax audit. What should the broker do?
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Broker Roberts discovers that a sales associate has been operating under an expired license for the past 60 days while continuing to show properties and write contracts. Several transactions are pending closing. What is the broker's most serious immediate concern?