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#288521 - 04/30/09 06:32 PM Can CA Broker use their license for a corporation and sole proprietorship?
Wardell Johnson Offline
Junior Member

Registered: 03/06/09
Posts: 3
Loc: Sacramento, CA
I have a question. I know that a Broker can use their license for multiple entities ie. real estate, property management...etc. I just want to know if a Broker can use their license for two different corporations or a corporation and a sole proprietorship? Appreciate any responses and any links to the real estate law. Thanks.

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#288615 - 05/01/09 10:54 AM Re: Can CA Broker use their license for a corporation and sole proprietorship? [Re: Wardell Johnson]
Cave Man Offline
Veteran Member

Registered: 11/16/07
Posts: 582
Loc: CA
yes, but each business entity has to be legally established and registered with the CA DRE as being linked to that broker's license

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#290718 - 05/14/09 10:42 PM Re: Can CA Broker use their license for a corporation and sole proprietorship? [Re: Cave Man]
relady4u Offline
Member

Registered: 05/23/07
Posts: 143
Loc: California
I have a broker's license as officer of the corporation and my personal broker's license. YOu don't want to use your personal license as your corporate license incase there is a lawsuit, that is the reason for incorporating.

My licenses expire at different times; however, as long as my personal license is renewed the corporation will be also with 45-hours. Since I have a DBA owned by the corporation, I use the corporate license on everything.

Call the DRE, they are very helpful and will keep you out of trouble.

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