Florida Regulations 61J2-1.013: Registration Categories
Current as of: 2024 | Check for updates
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(1) Registration in the following categories shall show the name, the business address, effective and expiration date:
(a) Active broker partnership;
(b) Active broker corporation;
(c) Active Limited Liability Company;
(d) Active Limited Liability Partnership;
(e) Active Professional Limited Liability Company;
(f) Active Professional Association; and
(g) Branch office.
(2) An active real estate broker may serve in a non-brokerage capacity as an officer or director with a real estate corporation(s) or a partner in a real estate partnership(s) while maintaining an active license(s) with another real estate brokerage firm(s).
Specific Authority 475.05 FS. Law Implemented 475.15, 475.183, 475.24 FS. History-New 1-1-80, Amended 7-19-83, Formerly 21V-1.13, Amended 6-28-93, Formerly 21V-1.013, Amended 1-18-00, 11-20-07.
Terms Used In Florida Regulations 61J2-1.013
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(b) Active broker corporation;
(c) Active Limited Liability Company;
(d) Active Limited Liability Partnership;
(e) Active Professional Limited Liability Company;
(f) Active Professional Association; and
(g) Branch office.
(2) An active real estate broker may serve in a non-brokerage capacity as an officer or director with a real estate corporation(s) or a partner in a real estate partnership(s) while maintaining an active license(s) with another real estate brokerage firm(s).
Specific Authority 475.05 FS. Law Implemented 475.15, 475.183, 475.24 FS. History-New 1-1-80, Amended 7-19-83, Formerly 21V-1.13, Amended 6-28-93, Formerly 21V-1.013, Amended 1-18-00, 11-20-07.