Delaware License LawIntermediateDelaware Exam
Under Delaware license law, the term 'broker-in-charge' (or principal broker) refers to:
AAny licensed broker with 5 or more years of experience
BThe licensed broker responsible for the supervision of all affiliated licensees and the conduct of the officeCorrect
CA broker who only works with commercial properties
DA broker designated by a court to manage an estate
Why The licensed broker responsible for the supervision of all affiliated licensees and the conduct of the office Is Correct
Answer B: The licensed broker responsible for the supervision of all affiliated licensees and the conduct of the office
The broker-in-charge (or principal broker) is responsible for supervising all affiliated salespersons and associate brokers, ensuring compliance with license law and maintaining the trust accounts and office records.
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