Under RELA, a Pennsylvania broker of record, Grace, employs a licensed associate broker, Tom, and 10 salespersons. Grace wants to give Tom authority to sign listing agreements on behalf of the brokerage. Is this permissible under RELA?
Correct Answer
B) Yes, the broker of record may authorize an associate broker to sign listing agreements on behalf of the brokerage
Under RELA, the broker of record may delegate certain authorities, including the authority to sign listing agreements, to qualified associate brokers within the brokerage. The broker of record retains ultimate responsibility but may authorize others to act on behalf of the brokerage.
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More Pa Rela Brokerage Rules Questions
Under RELA, a Pennsylvania brokerage must ensure that all licensees affiliated with the brokerage have completed what requirement before practicing real estate?
Under RELA, a Pennsylvania broker of record has a duty to ensure that all affiliated licensees maintain current and active licenses. If the broker discovers that a salesperson's license has expired, what must the broker do?
Under RELA, a Pennsylvania brokerage receives a written complaint from a consumer about one of its salespersons. The broker of record must take what immediate action?
Under RELA, where must a Pennsylvania brokerage display its current real estate license?
Under RELA, a Pennsylvania brokerage employs both salespersons and associate brokers. What is the key difference between a salesperson and an associate broker under RELA?
- → Under RELA, when a Pennsylvania salesperson places their license with a new brokerage, the salesperson is said to be operating under the authority of which individual?
- → Under RELA, a Pennsylvania salesperson, Jake, earns a commission from a closed transaction. How should the commission be paid?
- → Under RELA, a Pennsylvania broker of record must maintain written office policies. Which of the following topics should these policies address?
- → Under RELA, a Pennsylvania broker of record, Sarah, is retiring and wants to close her brokerage. What steps must Sarah take regarding her affiliated salespersons?
- → Under RELA, when a Pennsylvania salesperson terminates their affiliation with a brokerage, what happens to the salesperson's license?
- → Under RELA, a Pennsylvania broker of record, Steve, wants to change the brokerage's physical office location. What must Steve do under RELA?
- → Under RELA, a Pennsylvania salesperson must operate under the supervision of which type of licensee?
- → Under RELA, a Pennsylvania brokerage is required to maintain a physical office location. Which of the following is a requirement for the brokerage office?
- → Under RELA, a Pennsylvania salesperson, Monica, wants to transfer from Brokerage A to Brokerage B. What is required for the transfer to be valid under RELA?
- → Under RELA, how long must a Pennsylvania brokerage retain transaction records?
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Under RELA, a Pennsylvania broker of record must ensure that certain information is included in all brokerage advertising. All of the following must be included in brokerage advertising EXCEPT:
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Under RELA, a Pennsylvania broker of record, Howard, operates a brokerage that participates in a franchise (e.g., Century 21, RE/MAX). Howard's franchise agreement requires certain advertising standards. If the franchise advertising standards conflict with RELA advertising requirements, which takes precedence?