Which of the following statements about branch offices is INCORRECT?

The statement regarding two salespersons being designated to share supervising responsibilities is incorrect. In New Jersey real estate practice, a branch office must be supervised by a licensed broker or a broker-salesperson who is designated to take on full supervisory duties for that office. This is to ensure that there is clear accountability and oversight for all the activities and conduct of the licensees working there. The law requires that the supervision is not taken lightly and must be managed by someone who holds the appropriate licensure to comply with state regulations.

In contrast, the requirement for a branch office supervisor to be recorded with the commission is a mandated administrative procedure for maintaining proper oversight. Likewise, a licensed broker-salesperson must supervise the office full-time to ensure consistent guidance and compliance with laws and practices. Lastly, the ultimate responsibility of the employing broker for all licensees in the branch underlines the hierarchy of accountability in a branch office structure, ensuring that there is a single point of responsibility for compliance and operational integrity.