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What is a broker organization?Brokerage Organization means that individual or business entity which is not licensed but is acting as a Broker under § 2901(c) of this title and is the trade name under which the Broker operates. The individual or business entity shall have a Broker licensed under this chapter.
Which business entity may not register as a real estate broker Florida?Which business entity may NOT register as a real estate brokerage entity? The answer is COOPERATIVE ASSOCIATION. A cooperative association IS ALLOWED to conduct commercial business and to convey, sell, or buy its own property, but it cannot be registered as a real estate broker.
Who inspects brokers records in Florida?If any record has been subject to litigation or used as evidence, it must be maintained until at least two years after the litigation has concluded. All such records of a brokerage are subject to review by the department's real estate investigators during normal business hours.
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