Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ch. 21 - Final Exam > Pg. 4- Course Final Exam GET $25 X A group of friends decides to open a real estate

image

Ch. 21 - Final Exam > Pg. 4- Course Final Exam GET $25 X A group of friends decides to open a real estate business. They want to own the business as a general partnership, and they set up the legal paperwork to establish a general partnership. Each of the general partners obtains an active broker's license, and they find several sales associates to work with them. The partnership registers with the DRE. What do they not have to disclose in their registration? The name and address of each licensed broker and sales associate The name and business address of each sales associate's employer All of their net assets, including all bank accounts Each person's involvement as an officer, director, or partner in the real estate business 99% Type here to search = O S D 100% 67F

Step by Step Solution

3.46 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

Answer In their registration with the DRE Department of Real Esta... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these General Management questions