§ 371.13 Accounting.
PART 371—BROKERS OF PROPERTY, last amended 2016-12-12
Official text from eCFR.gov, up to date as of 2026-10-22. Checked for changes every day.
Each broker who engages in any other business shall maintain accounts so that the revenues and expenses relating to the brokerage portion of its business are segregated from its other activities. Expenses that are common shall be allocated on an equitable basis; however, the broker must be prepared to explain the basis for the allocation.