Under Ohio law, all of the following are duties that a broker owes in supervising affiliated salespersons EXCEPT:
Correct Answer
C) Guaranteeing that every salesperson closes at least one transaction per year
Ohio law does not require brokers to guarantee that salespersons close any minimum number of transactions. The broker's supervisory duties focus on legal compliance, not sales performance guarantees.
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Related Topics & Key Terms
Key Terms:
Related Concepts
The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.
A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.
A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.
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