Responsible broker means the broker designated in the records of the Department of Real Estate to be responsible for the conduct of individuals affiliated with his or her office(s) or licensed or certified individuals who are sole proprietors, partners, officers, or shareholders of a corporation, or office managers acting on behalf of principals of a real estate firm who are authorized to bind the principals in arbitration.

Responsible broker means the real estate broker responsible for the exercise of control and supervision of real estate salespersons under Section 10159.2, or a licensee subject to discipline under subdivision (h) of Section 10177 for failure to supervise activity requiring a real estate license. The supervision of a salesperson required under this part or any other law is limited to regulatory compliance and consumer protection.

Responsible broker s identity” means the name under which the responsible broker is currently licensed by the department and conducts business in general or is a substantial division of the real estate firm, or both the name and the associated license identification number. “Responsible broker’s identity” does not include a fictitious business name obtained pursuant to paragraph (2) of subdivision (a) of Section 10159.5 or the use of a team name pursuant to Section 10159.6.

Examples of Responsible broker in a sentence

Responsible broker to maintain fixed office; change of address; branch offices; restrictions on associate brokers and salesmen.
Responsible broker availabilityAny broker licensed as an individual proprietorship or the acting broker for a corporation, partnership or limited liability company must be reasonably available to manage and supervise such brokerage practice during regular business hours.
Pode- zřelý, který je přistižen s vražednou zbraní v ruce, je s velkou pravděpodobností vinen.
Joint activities to be developed shall directly respond to one or more of the priority areas earlier defined in this paper.
Responsible broker" means the designated broker in the regulated real estate transaction who is responsible for the accounting and transac- tion files for the transaction, in the manner described in section 54-2048, Idaho Code.

More Definitions of Responsible broker

Responsible broker means the designated broker in the regulated real estate transaction who is responsible for the accounting and transac- tion files for the transaction, in the manner described in section 54-2048, Idaho Code.

Responsible broker means the designated broker as defined in W. Va. Code §30-40-4 or the broker doing business as a sole proprietor who employs or engages and supervises other licensees.

Responsible broker means the designated broker in the regulated

Responsible broker means an individual who has an active broker's license and who is responsible for the supervision of the activities of licensees associated with the real estate company or a broker who operates a single license office;

Responsible broker means the broker responsible for the exercise of control and supervision of a salesperson, or a licensee subject to discipline under subdivision (h) of Business and Professions Code section 10177 for failure to supervise activity requiring a real estate license. The supervision of a salesperson required under this part or any other law is limited to regulatory compliance and consumer protection. It should be clarified that the responsible broker could either be

Responsible broker means the broker responsible for the