Florida License Law
Under Florida law, a real estate brokerage may be organized as which of the following business entities?
ASole proprietorship only
BCorporation or partnership only
CSole proprietorship, corporation, limited liability company, or partnership✓ Correct
DAny business entity, including a trust
Explanation
Florida allows real estate brokerages to be organized as: sole proprietorships, general or limited partnerships, limited liability partnerships, limited liability companies, or corporations (including professional corporations). The key requirement is that the entity must register with DBPR and designate a qualified broker.
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