Massachusetts License Law
Under Massachusetts law, a 'designated broker' in a real estate firm is responsible for:
AOnly their own personal transactions
BThe overall management of the brokerage and ensuring all salespersons under their supervision comply with license law✓ Correct
COnly commercial real estate operations
DAdministrative tasks only, not licensee supervision
Explanation
The designated (or principal) broker of a Massachusetts real estate firm has overall responsibility for the brokerage's operations and must ensure that all affiliated licensees comply with real estate license law and regulations.
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