Alabama License LawIntermediateAlabama Exam
In Alabama, a real estate brokerage may be organized as which of the following business entities?
AOnly a sole proprietorship
BA sole proprietorship, corporation, partnership, or limited liability company (LLC)Correct
COnly a corporation
DOnly a general partnership, which is broadly consistent with standard practice statewide
Why A sole proprietorship, corporation, partnership, or limited liability company (LLC) Is Correct
Answer B: A sole proprietorship, corporation, partnership, or limited liability company (LLC)
Alabama allows real estate brokerages to operate as sole proprietorships, corporations, partnerships, limited liability companies, and other legally recognized business forms.
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