Alberta Real Estate Licensing Exam Practice · Question
Who is ultimately responsible for the activities of all real estate professionals registered under a brokerage?
The broker of record holds ultimate responsibility for ensuring all registered professionals within their brokerage comply with the Act and Rules.
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Question: Who is ultimately responsible for the activities of all real estate professionals registered under a brokerage?
Answer options: ✅ The broker of record.
- RECA's Executive Director.
- The provincial Minister responsible for real estate.
- The principal financial officer of the brokerage.
Correct answer: The broker of record.
Explanation: The broker of record holds ultimate responsibility for ensuring all registered professionals within their brokerage comply with the Act and Rules.
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