New York License Law
A New York broker's responsibility to supervise associated salespersons and associate brokers includes:
AReviewing and approving all transactions personally before closing
BEstablishing reasonable supervision policies, training licensees, and monitoring their activities to ensure compliance with license law and ethical standards✓ Correct
CSigning all contracts on behalf of salespersons
DNo responsibility; each salesperson is an independent contractor solely responsible for their own conduct
Explanation
The sponsoring broker in New York has a duty to supervise associated licensees, establish reasonable office policies and procedures, provide training, and monitor compliance with Real Property Law and ethical standards. The fact that salespersons may be classified as independent contractors for tax purposes does not eliminate the broker's supervisory responsibility.
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