Principal Broker Relationship Flashcards
1
Q
Course Overview
Covers the relationship between the principal broker and his associates
The role of the principle broker in supervising licensees
Office requirements
Delegation of supervisory authority
Residence requirements
Agents duties
A
Objectives
Responsibilities of supervising brokers relating to trust funds, contracts and records
Agency relationships in terms of firm
Basic duties. Owed by an agent to a client
Requirements for written notice prior to entering an agency or dual agency relationship