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Brokerage Activities ProceduresTrade_name_and_signageHARD

A broker registered as 'Smith Real Estate, Inc.' wants to use 'Smith Commercial Division' for commercial transactions and 'Smith Residential Experts' for residential sales. The broker has registered 'Smith Real Estate, Inc.' with FREC. What additional steps are required?

Correct Answer

B) Register both new trade names with FREC and the Division of Corporations

Correct: B - Each trade name must be registered separately with both FREC and the Division of Corporations before use. Why not A: Common elements don't exempt new trade names from registration requirements. Why not C: Registration with FREC is also required, not just Division of Corporations. Why not D: County DBA filing doesn't satisfy state requirements for real estate trade names.

Answer Options
A
No additional registration needed since all names contain 'Smith'
B
Register both new trade names with FREC and the Division of Corporations
C
Register only with the Division of Corporations for the divisions
D
Create DBAs with the county clerk only

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Key Terms:

multiple_trade_namesregistrationdivisions
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