Branch Offices: Expanding the Empire
-
Welcome to the course!
-
The Real Estate Business
-
Law & Qualifications
-
License Law And Commission Rules
-
Authorized Relationships, Duties, And Disclosure
-
Brokerage Offices and Branch Requirements
-
Violations Of License Law, Penalties And Procedures
-
Chapter 8
-
Property Rights
-
Title, Deeds And Ownership Restrictions
-
Legal Descriptions
-
Real Estate Contracts
-
Residential Mortgages
-
Types of mortgages
-
Real Estate Related Computations And Closing Of Transactions
-
The Real Estate Markets And Analysis
-
Real Estate Appraisal
-
Real Estate Investments And Business Opportunity Brokerage
-
Taxes Affecting Real Estate
-
Planning, Zoning And Environmental Hazards
-
Course Assessments
FLORIDA REAL ESTATE SALES ASSOCIATE COURSE
Brokerage Offices and Branch Requirements
Section 2 of 31
If the Broker is successful and wants to open a second location in a different part of town, they are establishing a Branch Office.Registration: You can't just rent a storefront and start selling. Each additional location must be individually registered with the DBPR and the fees must be paid.Non-Transferable: If the Broker decides to close the "North Branch" and move it three blocks down the street, they cannot just "move" the registration. The old registration is canceled, and a brand new registration (and fee) is required for the new spot.Temporary Shelters: If a developer sets up a temporary trailer in the middle of a subdivision just to shelter sales staff from the rain while showing model homes, that is not a branch office—unless contracts are being signed and closings are happening there.In real estate, a brokerage firm cannot legally exist without a licensed Broker in charge. Think of the Broker as the "Captain" and the brokerage company as the "Ship." If the Captain disappears, the ship is in serious trouble.
Rating
0
0
There are no comments for now.
Join this Course
to be the first to leave a comment.