asked 89.7k views
5 votes
In order to be the broker of record for a corporation, a person must hold: A) Salesperson license

B) Broker license
C) Property manager license
D) Appraiser license

1 Answer

6 votes

Final answer:

To be the broker of record for a corporation, one needs a broker's license, which involves overseeing sales transactions and office management as a manager, executive, or official.

Step-by-step explanation:

In order to be the broker of record for a corporation, a person must likely hold a broker's license, which is not listed among the options provided (Salesperson license, Property manager license, or Appraiser license). Typically, a broker's license is required to act as the broker of record for a corporation. This license signifies that an individual has the necessary qualifications and experience to oversee sales transactions and manage the operations of a real estate office, including supervising agents and salespersons.

Being a broker of record involves a blend of managerial duties, which may include high-level manager, executive, or official decision-making. It often requires experience in clerical or office management, knowledge of installation and repair, familiarity with construction or mining, and an understanding of the business's compliance and ethics practices.

answered
User Cristik
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