Under TREC rules, when a sales agent's sponsoring broker terminates the sponsorship relationship, who is responsible for notifying TREC of the termination?
Correct Answer
C) The sponsoring broker must notify TREC of the termination of the sponsorship
Under TREC rules, the sponsoring broker is responsible for notifying TREC when a sponsorship relationship is terminated. This ensures that TREC's records accurately reflect which agents are sponsored by which brokers.
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