A common exam question you may be asked on the Florida real estate exam for sales associates, brokers, and instructors is to identify the differences between a multiple license and a group license. Below is a short, three and a half minute video explaining the differences as part of our This vs. That series.
multiple license summary:
A “multiple license” is only issued to brokers who are opening multiple businesses that require a qualifying broker’s license to operate. For each entity that the state requires a broker’s license for, the broker will be issued a multiple license.
Group license summary:
A group license is only issued for sales associates and brokers associates who work for an owner-developer and happens with that owner-developer operates multiple business entities that are under the direction and control of the master group.