Managing broker definition

Managing broker means a broker who has supervisory
Managing broker means a broker who manages a branch office.
Managing broker means a broker who has supervisory responsibilities for licensees in one or, in the case of a multi-office company, more than one office and who has been appointed as such by the sponsoring broker.

Examples of Managing broker in a sentence

  • Indiana Real Estate Commission; 876 IAC 5-2-11) 876 IAC 5-2-12 "Managing broker" defined Authority: IC 25-34.1-2-5; IC 25-34.1-2-5.1Affected: IC 25-34.1-1-2 Sec.

  • Indiana Real Estate Commission; 876 IAC 7-3-3) 876 IAC 7-3-4 Managing broker coursesAuthority: IC 25-34.1-2-5; IC 25-34.1-4-0.5 Affected: IC 25-34.1-3-4.1 Sec.

  • As used in this chapter, "limited agent" means a licensee who, with the written and informed consent of all parties to a real estate transaction, represents both the seller and buyer or both the landlord and tenant and whose duties and responsibilities to a client are only those set forth in this chapter.As added by P.L.128-1994, SEC.6. Amended by P.L.130-1999, SEC.9. IC 25-34.1-10-7.5 "Managing broker" definedSec.

  • Managing broker: the highest level of broker/agent; able to do anything in relation to real estate services under RESA.

  • A managing broker who serves as a real estate firm's managing broker has his license registered with the Department of Licensing as a Managing broker and his license is so endorsed by the DOL.


More Definitions of Managing broker

Managing broker means a licensee who may be authorized
Managing broker means a natural person acting on behalf of a real estate firm to perform real estate brokerage services under the supervision of theDesignated Broker” and who may supervise other brokers or managing brokers licensed to the firm.
Managing broker means, at the choice of the Brokerage Member:
Managing broker means a natural person acting on behalf of
Managing broker means a natural person acting on
Managing broker means a licensee who may be authorized to assume responsibilities as a designated managing broker for licensees in one or, in the case of a multi-office company, more than one office, upon appointment by the sponsoring broker and registration with the Department. A managing broker