An Ohio brokerage has 30 salespersons. The broker wants to designate a licensed associate broker to manage the day-to-day operations of one of the branch offices. Under Ohio law, this arrangement is:
Correct Answer
A) Permitted, provided the principal broker retains overall supervisory responsibility and the branch is properly registered
Ohio allows a principal broker to designate a licensed associate broker to manage branch office operations. However, the principal broker retains overall supervisory responsibility for the entire brokerage, including all branch offices. The branch must be properly registered with the Division.
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