Designated officer missteps
This article presents three real-life scenarios in which each licensed brokerage corporation’s designated officer conducted unlawful activities which led to disciplinary and enforcement actions by the DRE.
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Tag: designated officer
Changing a real estate corporation’s Designated Officer
Avoid the cancellation of licenses attached to a corporate license by following proper DRE procedures to make Designated Officer changes.
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A Designated Officer’s diligence guidance
Learn about a designated officer’s duties to maintain corporate and employee compliance with Real Estate Law.
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Duties owed by designated officers
Learn how an individual becomes a designated officer of a DRE-licensed corporation and provides supervision and oversight of all its employees for compliance with real estate law.
Read MoreDesignated Officer Employment Agreement — RPI Form 511
Download the Form This form is used by a corporate broker entity when employing an individual broker as its designated officer, to establish their duties as the designated officer and the fee schedule for their earnings. ...
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Form-of-the-Week: Designated Officer Employment Agreement, and Real Estate Team Agreement — Forms 511 and 512
A corporate broker uses RPI Form 511 to establish a corporate broker-officer’s duties and fee schedule for earnings as designated officer of the real estate corporation and licensees held under the same broker use RPI Form 512 to form a real estate team and establish each team member’s responsibilities and fee sharing.
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