Which organization is specifically noted as not registering with the DBPR to broker real estate?

• A. Cooperative Association (co-op)
• B. Not-for-profit corporation
• C. Sole titleholder
• D. Joint venture

Answer: (A)

The main idea is that real estate brokerage is a licensed activity with the DBPR, and some entities aren’t required to register as a broker because they don’t perform brokerage services themselves. A cooperative association (co‑op) is one of those exemptions. A co-op owns the building and allocates shares to residents, but it does not act as a real estate broker for buying or selling property. When transactions occur, they’re typically handled by licensed brokers, not by the co‑op itself. So the co‑op isn’t registered with the DBPR to broker real estate.

In contrast, a not‑for‑profit corporation, a sole titleholder, or a joint venture could be involved in activities that amount to real estate brokerage for others, and those entities would generally need DBPR registration if they are performing broker services.