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03-01-2020
Social Studies

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The review of the brokerage services contracts for new licensees must be reviewed by the designated broker within what time frame?

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marianacan marianacan

03-01-2020

Answer:

Within 5 business days.

Explanation:

According to the Legislature, designated broker must follow a written policy, which addresses, among other things, reviewing by them (or their delegated managing broker) within “five business days of mutual acceptance”. And will be documented and kept at the firm’s record locations.

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