What is a professional group?
- A PC is a professional corporation
- A PLLC is a professional limited liability company
For ADRE each exists in order for an employing broker to pay commission to licensees and cannot be used for advertising purposes.
Who cannot have a professional group?
- Self employed brokers and inactive licensees
What is the difference between an LLC and a PLLC?
A PLLC is an LLC organized under Chapter 4 of Title 29 of the Arizona Revised Statutes for the purpose of providing one or more categories of service that may be lawfully rendered only by a person licensed, or otherwise authorized by a licensing authority in Arizona to render the service.
The PLLC specifies that, in those cases where only a person licensed or otherwise authorized by an Arizona licensing authority, wishes to render one or more categories of service, the licensee(s) may do so only as a PLLC. Remember, all compensation must be paid through the Employing Broker.
General rules and regulations governing an LLC may apply to a PLLC. (A.R.S. 29-843).
Review our frequently asked questions about the licensees process and more.
VIEW THE FAQ