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Brokerage Activities ProceduresTrade_name_and_signageHARD

A Florida brokerage operates under the name 'Metro Properties LLC' where the broker's legal name is John Smith. The LLC is properly registered with the state. Does this require fictitious name registration with FREC?

Correct Answer

B) Yes, because it's different from the broker's individual legal name

Correct: F.S. 475.25 requires fictitious name registration when the business name differs from the individual broker's legal name, regardless of entity registration. Why not A: State LLC registration doesn't exempt from FREC fictitious name requirements. Why not C: Sole ownership doesn't change the fictitious name requirement. Why not D: The number of LLC members is irrelevant to fictitious name registration.

Answer Options
A
No, because the LLC is registered with the Florida Department of State
B
Yes, because it's different from the broker's individual legal name
C
No, if the broker is the sole owner of the LLC
D
Yes, only if the LLC has multiple members

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Related Topics & Key Terms

Key Terms:

LLC_operationsentity_namesfictitious_name_requirements
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