Broker Patricia operates a Utah real estate brokerage. She is planning a two-week vacation and will be entirely unavailable. Under Utah Administrative Code R162-2f, what must Patricia do before she leaves to ensure her brokerage remains in compliance?
Correct Answer
C) Designate a licensed Associate Broker or another Principal Broker to supervise the brokerage
Under Utah Administrative Code R162-2f, a Principal Broker who will be absent must designate a qualified licensee — either an Associate Broker or another Principal Broker — to supervise the brokerage in their absence. An Associate Broker holds a full broker-level license and is qualified to assume supervisory responsibility. This ensures continuous qualified supervision of all affiliated licensees during the Principal Broker's absence.
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Related Topics & Key Terms
Key Terms:
Related Concepts
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
In real estate, the distinction between an independent contractor and an employee determines tax treatment, liability, and the level of control a broker may exercise over the agent's daily activities. Most real estate agents operate as independent contractors.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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