When forming a real estate brokerage partnership, what is the minimum licensing requirement for partners?

• A. At Least One Partner Must Be a Licensed or Registered Active Broker
• B. All Partners Must Be Inactive Brokers
• C. No License Requirements
• D. Only Unlicensed Persons May Be Partners

Answer: (A)

In Florida, a real estate brokerage must operate under the supervision of a licensed broker. When a partnership is formed, the firm needs a broker of record who can supervise licensees and ensure compliance with state law and Real Estate Commission rules. Therefore, at least one partner must hold an active real estate broker license (or be a registered active broker). The other partners can be unlicensed, but they cannot perform licensed activities or serve as the supervising broker. This is why the minimum requirement is having a licensed or registered active broker among the partners.