What licensing requirement must at least one corporate officer in a Real Estate Brokerage Corporation meet?

• A. Must hold an active real estate broker's license.
• B. Must hold an active real estate sales associate license.
• C. Must hold a state attorney license.
• D. No license is required for corporate officers.

Answer: (A)

In Florida, the person who oversees a real estate brokerage corporation must be a licensed real estate broker. At least one corporate officer must hold an active broker license because a broker of record (the qualifying broker) is responsible for supervising all licensed activities and ensuring compliance with license laws. A sales associate license is not enough to supervise or operate a brokerage, since sales associates must work under a broker. An attorney license does not fulfill the real estate licensing requirement for brokerage operations, and saying no license is required is incorrect. Therefore, the corporate officer designated to oversee the brokerage must hold an active real estate broker license.