DRE & Licensing
What is a 'corporate real estate broker license' in California?
AA license issued to any business entity
BA license that allows a corporation to conduct real estate activities, requiring that a licensed broker serve as the designated officer responsible for compliance✓ Correct
CA special license for real estate investment trusts (REITs)
DA license for commercial-only brokerages
Explanation
A California corporation can obtain a real estate broker license, but must designate at least one licensed individual broker as the officer responsible for all real estate activities conducted by or on behalf of the corporation. The designated officer is personally responsible for ensuring compliance.
Related California DRE & Licensing Questions
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