What is a group license?

A group license is specifically designed for sales associates or broker associates who work under an owner-developer. This type of license allows individuals to represent the owner-developer in transactions involving multiple properties managed by that developer. The concept of a group license is particularly useful in situations where a developer has multiple project developments and needs licensed individuals to oversee and facilitate sales across those various properties without requiring each associate to obtain separate individual licenses for each project.

In contrast, other options do not accurately represent the nature or purpose of a group license. A license for brokers who own multiple offices refers to a different kind of operational structure and does not pertain to group licenses in the context of owner-developers. Similarly, a license issued to owners with several properties addresses ownership rather than the activity of licensed associates. Lastly, a temporary license for group transactions implies a short-term validity which does not align with the established use and longevity associated with group licenses.