Business and Affiliated Licenses in Virginia Flashcards

1
Q

Sole proprietorship (broker owned)

A

Broker License

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2
Q

Sole proprietorship (non-broker owned, or broker owned and operating under a fictitious name

A

Broker License
– AND –
Firm License

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3
Q

Partnership

A

Broker License
– AND –
Firm License

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4
Q

Association

A

Broker License
– AND –
Firm License

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5
Q

Limited Liability Company - LLC

A

Broker License
– AND –
Firm License

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6
Q

Corporation

A

Broker License
– AND –
Firm License

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