Question

When the designated broker is on a temporary absence, all of the following are true EXCEPT:

Answer 1

When the designated broker is on a temporary absence, all of the options listed are true.

Step-by-step explanation:

When the designated broker is on a temporary absence, several things are true:

1. Another qualified individual must be designated as the broker-in-charge, meaning they are responsible for overseeing the brokerage's activities and making decisions on behalf of the firm.
2. The designated broker must notify the appropriate licensing authority of their temporary absence and provide the name and contact information of the broker-in-charge.
3. The temporary absence of the designated broker does not relieve them of their legal and professional responsibilities as the designated broker.

Therefore, the correct answer is that all of the options listed are true when the designated broker is on a temporary absence.