How must a project broker respond to a change in the sales agent association?

A project broker is required to maintain clear and current communication regarding the status and affiliation of sales agents. When there is a change in the sales agent association, the project broker must provide written notice within a specified timeframe to ensure compliance with regulatory requirements. This written communication is essential not only for maintaining accurate records but also for protecting the interests of all parties involved, including the consumers, the sales agents, and the project itself.

Providing written notice allows for a formal acknowledgment of the change, ensuring that all stakeholders are aware of the new circumstances. Such procedures are typically outlined in state regulations governing real estate practices and help maintain professionalism and accountability in the field.

This process prevents misunderstandings and ensures that the sales agents can continue to operate effectively under the broker's guidance, thereby supporting the overall integrity of the timeshare sales operation.