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Under RELA, every real estate brokerage in Pennsylvania must designate one individual to serve in a specific leadership role. What is this person called?

Correct Answer

C) Broker of record

Under RELA (63 P.S. §455.604), every brokerage must have a designated broker of record who is responsible for the overall supervision of the brokerage, its licensees, and compliance with RELA. This is a statutory requirement.

Answer Options
A
Office manager
B
Lead salesperson
C
Broker of record
D
Regional director

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Related Topics & Key Terms

Key Terms:

broker_of_recordbrokerage_designationRELAbrokerage_operations
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