Which of the following statements about branch offices is INCORRECT?
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.
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