Question

Sarah is an actively licensed broker for XYZ Realty, a registered real estate brokerage corporation. She has Good night an opportunity to buy an existing real estate corporation, BBD Realty, Inc., in a town 25 miles away and wants to become the only broker for both corporations. She does not wish to change the name or combine the two corporations. How may Sarah accomplish this?

a. The corporations will have to be merged into one entity as Sarah cannot be a broker within two different corporations.
b. Sarah may be the only active broker in both corporations by requesting a group license.
c. Sarah may be the only active broker in both corporations by requesting multiple licenses.
d. BBD should be registered as a branch office of XYZ Realty, Inc.

Answer 1

Sarah can accomplish this by registering BBD Realty, Inc. as a branch office of XYZ Realty, Inc.

Step-by-step explanation:

Sarah can accomplish this by registering BBD Realty, Inc. as a branch office of XYZ Realty, Inc. This allows her to be the only broker for both corporations without changing their names or combining them. By registering BBD Realty, Inc. as a branch office, Sarah maintains separate identities for both corporations while still being able to operate as the sole broker for both.