In the last issue of the Bulletin it was reported that the Real Estate Licensing Board had adopted a rule requiring there to be designated for each real estate office and branch office a licensed broker to supervise and be responsible for certain acts within such office.

This broker will be designated the "Broker-In-Charge" of such office and will be responsible for the display of licenses and renewal stickers; reporting any changes of business name/address; advertising; the escrow account; and the office's real estate transaction records.

The Board staff is currently in the process of finalizing plans to compile and maintain a list of "Brokers-in-Charge." In late August a " Broker-In-Charge Declaration Card" and Instructions Sheet will be sent to each real estate company listed in the Licensing Board's records. The Declaration Card will be in the form of a self-addressed postcard which, when completed, can simply be stamped and returned to the Licensing Board Office.

Further details concerning Broker-In-Charge status will be included in the next issue of your Bulletin.