Business and Affiliated Licenses in Virginia Flashcards
1
Q
Sole proprietorship (broker owned)
A
Broker License
2
Q
Sole proprietorship (non-broker owned, or broker owned and operating under a fictitious name
A
Broker License
– AND –
Firm License
3
Q
Partnership
A
Broker License
– AND –
Firm License
4
Q
Association
A
Broker License
– AND –
Firm License
5
Q
Limited Liability Company - LLC
A
Broker License
– AND –
Firm License
6
Q
Corporation
A
Broker License
– AND –
Firm License