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Updated over 2 years ago,
Opening a Brokerage in Florida! I Could Use Some Help
Hello!
I'm currently a broker associate and I'm in the process of opening my own brokerage. I hope someone has had a similar situation but its pretty specific. I'm looking towards the shared office company Regus to have my company's office to satisfy this "vague" Florida Statute for a brokerage:
475.22 Broker to maintain office and sign at entrance of office; registered office outside state; broker required to cooperate in investigation.—(1) Each active broker shall maintain an office, which shall consist of at least one enclosed room in a building of stationary construction. Each active broker shall maintain a sign on or about the entrance of her or his principal office and each branch office, which sign may be easily observed and read by any person about to enter such office. Each sign must contain the name of the broker, together with the trade name, if any. For a partnership or corporation, the sign must contain the name of the firm or corporation or trade name of the firm or corporation, together with the name of at least one of the brokers. At a minimum, the words “licensed real estate broker” or “lic. real estate broker” must appear on the office entrance signs.
This company will be used to buy and sell my own properties so I don't need a fancy office space, or an office space at all...
Regus (similar to WeWork if you're not familiar) offers a couple options and I'm aiming for the least expensive option as mentioned above. To your knowledge, can I sign a lease for a virtual office (gives business address, phone number but no desk) or a registered office ( give business address with room #, phone number but no desk)? It's the possible inspection that I also have no knowledge of and hope some of you BP Brokers could give me some insight on.
I really appreciate your time and help!