New York Regulation 175.21 requires brokers to supervise employees and independent contractors. Which part of that regulation ou

Question

Ratling [72]

3 years ago

10

New York Regulation 175.21 requires brokers to supervise employees and independent contractors. Which part of that regulation ou

tlines the requirements for retaining real estate listing records?

Social Studies

1 answer:

chubhunter [2.5K] · Answer 1 · 2021-12-23T23:13:34+03:00

Part B of the regulation outlines the requirements for retaining real estate listing records.

<u>Explanation:</u>

NewYork Regulation 175.21 consists of three parts that started to supervise the salesperson by the broker. The second part states that any salesman or broker can keep the written documents of the land or real estate listings bought through the salesman.

It also mentions that these documents can contain transactions carried out, the help and the assistance during their association clearly along with the dates. These documents have to be submitted to the Department of State by the salesman along with the application for the broker's license.