For a brokerage partnership or corporation, which sign requirements are correct?

• A. The partnership name alone
• B. The partnership or corporation name with at least one broker's name and the words 'Licensed (or Lic.) Real Estate Broker'
• C. Only the broker's name
• D. The phrase 'Real Estate Broker' alone

Answer: (B)

The key idea is that a brokerage that is a partnership or a corporation must clearly identify the legal entity and show accountability by naming a licensed broker. The best choice combines the entity’s name with at least one broker’s name and the explicit license designation, such as “Licensed Real Estate Broker” (or “Lic. Real Estate Broker”). This shows who is responsible for the brokerage and that that person is licensed, which protects the public by making license status and supervision transparent.

Signage that lists only the partnership/corporation name lacks the broker’s identity and license status; a sign with only the broker’s name omits the entity, and a sign that just says “Real Estate Broker” without the entity name or license designation fails to identify who is licensed and under what entity.