Summary


In Section R162-2f-401a, the change corrects a typographical and a reference error. In Section R162-2f-401b, the change clarifies that a licensee must obtain the written consent of all owners of a property in order to advertise, offer to sell, or lease the property. In Subsection R162-2f-401c(2), the change requires that a branch broker exercise active supervision of all licensees and unlicensed staff employed by or affiliated with the branch and be personally responsible and accountable for all responsibilities and duties assigned to the branch broker by the principal broker and accepted by the branch broker. In Subsection R162-2f-401c(3), the change includes a branch broker from the exclusion of accountability already provided to a principal broker for certain violations of rule by an affiliated licensee or an unlicensed staff member when the branch broker follows the requirements set out in Subsection R162-2f-401c(3). In Section R162-2f-401f, the change approves for use by licensees the newly approved REPC form and the Deposit of Earnest Money With Title Company Addendum to Real Estate Purchase Contract form.