Designated Brokers – Out of Office Notification to ADRE.
| Time out of office | Who Can Assume Temporary Delegation | Notification Requirement to ADRE |
|---|---|---|
| Less than 5 days | N/A | None, as long as the Designated Broker can be reached |
| 5 - 30 days | A licensed: • Salesperson • Associate Broker • Designated Broker (DB) | Letter delegating temporary authority – to be maintained at brokerage and attached to/filed with all hire/severs and renewals.* Limited rights. |
| 30 or more days | N/A | Designated Broker must resign and brokerage must hire a new Designated Broker (DB) – see FAQs to Hire / Sever |
* For Associate Broker / Designated Brokers Delegation – any transactions that must be performed in-office at the ADRE, such as hire / severs, renewals etc., must have the letter delegating temporary authority attached to the transaction form(s).
Persona:
FAQ Category:
