Licenses

Cal. BPC § 10164

California Statutes

(

a) A responsible broker or corporate designated broker officer may appoint a licensee as a manager of a branch office or division of the responsible broker’s or corporate designated broker officer’s real estate business and delegate to the appointed manager the responsibility to oversee day-to-day operations, supervise the licensed activities of licensees, and supervise clerical staff employed in the branch office or division. (

b) Notwithstanding subdivision (a), nothing in this

section shall be construed to limit the responsibilities of a responsible broker or a corporate designated broker officer pursuant to subdivision (

h) of

Section 10177. A licensee accepting appointment as a manager shall be subject to disciplinary action pursuant to

Section for failure to properly supervise licensed activity pursuant to subdivision (a). (

c) Appointment of a manager shall only be made by means of a written contract in which the manager accepts the delegated responsibility. The appointing responsible broker or corporate designated broker officer shall retain a copy of the contract and send a notice to the department, in a form approved by the commissioner, identifying the appointed manager and the branch office or division the manager is appointed to supervise. (

d) A licensee shall not be appointed as a manager if any of the following apply:

(1) The licensee holds a restricted license.

(2) The licensee is or has been subject to an order of debarment.

(3) The licensee is a salesperson with less than two years of full-time real estate experience within five years preceding the appointment. (

e) Whenever an appointment of a branch manager is terminated or changed, the responsible broker or corporate designated broker officer shall immediately notify the commissioner thereof in writing.

Document details

CollectionCalifornia Statutes
CitationCal. BPC § 10164
Date2019-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierBPC10164.201828543

Licenses

Cal. BPC § 10164

California Statutes

Licenses

Cal. BPC § 10164

California Statutes

(

a) A responsible broker or corporate designated broker officer may appoint a licensee as a manager of a branch office or division of the responsible broker’s or corporate designated broker officer’s real estate business and delegate to the appointed manager the responsibility to oversee day-to-day operations, supervise the licensed activities of licensees, and supervise clerical staff employed in the branch office or division. (

b) Notwithstanding subdivision (a), nothing in this

section shall be construed to limit the responsibilities of a responsible broker or a corporate designated broker officer pursuant to subdivision (

h) of

Section 10177. A licensee accepting appointment as a manager shall be subject to disciplinary action pursuant to

Section for failure to properly supervise licensed activity pursuant to subdivision (a). (

c) Appointment of a manager shall only be made by means of a written contract in which the manager accepts the delegated responsibility. The appointing responsible broker or corporate designated broker officer shall retain a copy of the contract and send a notice to the department, in a form approved by the commissioner, identifying the appointed manager and the branch office or division the manager is appointed to supervise. (

d) A licensee shall not be appointed as a manager if any of the following apply:

(1) The licensee holds a restricted license.

(2) The licensee is or has been subject to an order of debarment.

(3) The licensee is a salesperson with less than two years of full-time real estate experience within five years preceding the appointment. (

e) Whenever an appointment of a branch manager is terminated or changed, the responsible broker or corporate designated broker officer shall immediately notify the commissioner thereof in writing.

Document details

CollectionCalifornia Statutes
CitationCal. BPC § 10164
Date2019-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierBPC10164.201828543