Exam term
Sponsoring broker
The broker who sponsors a sales agent's license and is responsible for the agent's brokerage activity. Work such as a BPO goes out in this broker's name, and trust money and compensation pass through this broker.
Lessons that use this term
- Purpose of the license law, license categories, and the responsibilities of each licensee New York
- Education requirements, activities that require a license, and exemptions New York
- Maintaining a license: pocket cards, changes of association, branch offices, dual licensure, renewal and continuing education New York
- Agency and brokerage: who is the agent, the salesperson, and cooperating brokers New York
- Broker supervision of salespersons and records of transactions New York
- Comparative market analyses and broker price opinions Texas
- Property management agreements: funds, maintenance, leasing, rents, and deposits Texas
- Ending brokerage agreements; services, fees, and compensation Texas
- Risk management: supervision, privacy and do-not-contact rules, vicarious liability, and E&O insurance Texas
- Texas complaint handling: investigations, hearings, and appeals Texas
- Texas activities requiring a license, exemptions, business entities, inspectors, and appraisers Texas
- Keeping a Texas license: continuing education, sponsorship changes, inactive status, and assumed names Texas