What must the broker maintain at least monthly regarding team/group members?

• A. a current written record of each team/group's members
• B. a list of all transactions
• C. a monthly advertising budget
• D. a log of outside vendors

Answer: (D)

The main idea being tested is the broker’s responsibility to supervise and document third-party relationships connected to a team or group. Keeping a monthly log of outside vendors ensures there’s a current, traceable record of every non-team-member who provides services to or for the team. This helps the broker monitor who is involved with client work, confirm that vendors are properly contracted and compliant, and prevent unlicensed activities or improper arrangements from slipping through. It also creates an audit trail for oversight, accountability, and privacy and ethical handling of client information. While other records about team members or budgeting may be useful, the monthly log of outside vendors directly supports the broker’s duty to supervise outside collaborations and maintain regulatory compliance.