Limited litability partnership Flashcards
(4 cards)
1
Q
Where do you need to register a limited liability partnership?
A
the DOS and the DBPR
2
Q
Limited liability partnerships operate like ___
A
limited partnerships
3
Q
In a limited liability partnership, who does liability fall on?
A
solely on the general partners for real estate services provided
4
Q
How many active brokers do you need to register a limited liability partnership?
A
At least one active broker as a general partner
