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Which of the following statements about branch offices is INCORRECT?
Suggested Answer: C
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According to NJREC Rules and Regulations (N.J.A.C. 11:5-6.4 & 6.5):
A branch office must be supervised by a broker or broker-salesperson designated by the employing broker.
The supervisor's name must be recorded with the Commission.
The supervising broker/broker-salesperson must work full-time at that location.
The employing broker remains ultimately responsible for all licensees.
It is not permitted to designate two salespersons to share supervisory responsibilities.
Thus, the incorrect statement is C.
31 comments · newest first
DE
Deandrea
6 months ago
C could be valid in some cases, but not ideal.
WE
Weldon
7 months ago
I feel B is the best choice. Flexibility is key in management.
LI
Lindsey
7 months ago
A is important for accountability. It should stay.
NI
Nicholle
7 months ago
I’m leaning towards A. Why record the supervisor's name?
MA
Marylyn
8 months ago
D makes sense. The broker should be responsible for everyone.
EL
Elke
8 months ago
C sounds wrong. Only one supervisor should be in charge.
RA
Ranee
8 months ago
I agree, B feels off. Part-time could work too.
BR
Brianne
8 months ago
This is confusing, I thought all brokers had to supervise full-time.
JA
Jarvis
8 months ago
I thought two salespersons could share responsibilities, isn't that C?
JU
Julio
9 months ago
Wait, are you sure about that?
JO
Josefa
9 months ago
Totally agree, B doesn't sound right.
LU
Lucina
9 months ago
D sounds right to me; the employing broker is usually held accountable for everything that happens in the branch office.
DA
Danilo
9 months ago
I feel like I've seen a question about shared responsibilities before, so C might be the tricky one here.
IV
Ivory
9 months ago
I'm not sure about B; I thought a broker-salesperson could supervise part-time if they had enough staff.
LE
Leota
9 months ago
I think I remember that the branch office supervisor's name has to be recorded, so A seems correct.
CO
Colby
10 months ago
I think B is the one that's incorrect.
FL
Fletcher
10 months ago
I think B is incorrect. Full-time supervision seems too strict.
KI
Kirby
10 months ago
B is the incorrect statement. A full-time supervisor? Who has time for that these days? Gotta keep things flexible!
TA
Tanja
11 months ago
Haha, can you imagine trying to keep track of the name of the branch office supervisor? That's like herding cats!
CA
Carma
11 months ago
D is definitely the correct answer. The broker is the boss, so they're responsible for everything that happens at the branch office.
BR
Brandon
11 months ago
C seems like the way to go. Two heads are better than one, right? Shared responsibility is the key to success.
TA
Talia
11 months ago
I think B is the incorrect statement. A full-time supervisor? That's just asking for trouble!
KE
Kenda
12 months ago
I'm not 100% sure, but I'm leaning towards B as the incorrect statement. The full-time supervision requirement seems a bit strict.
ON
Oneida
12 months ago
I've got a good handle on the branch office rules. I'm confident B is the incorrect statement here.
BR
Breana
12 months ago
Okay, let me think this through. I know the employing broker is responsible, and I think two salespersons can share supervision. I'll mark C as the incorrect statement.
GA
Garry
1 year ago
Hmm, I'm a little confused on this one. I'll need to review the material on branch office requirements again.
TI
Tish
1 year ago
I'm pretty sure the answer is B. A licensed broker-salesperson doesn't have to be there full-time, right?
ST
Stevie
6 months ago
True, A is definitely correct. B is the tricky one!
LI
Linn
6 months ago
Yeah, I agree! It’s not necessary for them to be there all the time.
VI
Viki
10 months ago
I think you're right about B. They can have part-time supervision.
VA
Valene
10 months ago
But what about A? That one seems pretty clear-cut.