West Virginia License Law
Under WV license law, a 'designated broker' or 'broker-in-charge' has ultimate responsibility for:
AOnly their own real estate transactions
BAll real estate activities conducted by the licensees in their brokerage✓ Correct
CSetting the office's commission rates
DFiling tax returns on behalf of all licensees in the brokerage
Explanation
The designated broker/broker-in-charge is ultimately responsible for all licensed activities conducted by the brokerage and its affiliated licensees. This includes proper handling of trust funds, advertising, disclosures, and compliance with WVREC rules.
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