Corporation sole Flashcards

(2 cards)

1
Q

What is a corporation sole?

A

A nonprofit entity designed to ensure continuity of ownership of dedicated property

A corporation sole is often used in religious and charitable organizations.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Can a corporation sole be registered with the DBPR as a real estate brokerage?

A

No

How well did you know this?
1
Not at all
2
3
4
5
Perfectly