FinancingGovernment_loansHARD
When one broker authorizes another broker to act as their subagent on the approval of the seller, the subagent is primarily responsible to the:
Correct Answer
C) Department of Real Estate (DRE).
A broker can operate independently and supervise salespersons.
Answer Options
A
seller.B
original broker.C
Department of Real Estate (DRE).D
buyer’s broker.Video Explanation3 min
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Related Topics & Key Terms
Related Topics:
agency-relationshipsfiduciary-dutiesregulatory-compliance
Key Terms:
subagencyCalifornia DREbroker supervisionBusiness and Professions Codeagency disclosure
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