I remember the term Ostensible Partnership from the days of real estate sales class and the Florida Brokers Exam (What do you know about this subject?

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Mott Marvin Kornicki, Miami Notary & Apostille 786-229-7999 (Waterway Realtors® • Notary Public & Apostille)

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Bob "RealMan" Timm

Ward County Notary Services - Minot, ND

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Captain Wayne covered it well in this AR post https://activerain.com/droplet/5lhC back in 2014.

Nov 05, 2019 08:16 AM

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Nina Hollander, Broker

Charlotte, NC
Carol Williams

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Kathleen Daniels, Probate & Trust Specialist

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#1 on Google is our own AR member Captain Wayne

"An ostensible partnership (or quasi-partnership) exists where there is no real partnership, but the parties act or do business in such a manner that the public, having no knowledge of the parties' private relations, reasonably would assume that a partnership exists."

Nov 05, 2019 08:12 AM

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Nina Hollander, Broker

Charlotte, NC
Bob Crane

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Bob "RealMan" Timm

Minot, ND
Mott Marvin Kornicki

Sunny Isles, FL

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Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

I don't recall this topic covered either in New York State or North Carolina State real estate classes... or on broker exams, which I passed in both states.

Nov 05, 2019 01:04 PM

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Bob "RealMan" Timm

Minot, ND
Ron and Alexandra Seigel

Carpinteria, CA

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Roy Kelley

Retired - Gaithersburg, MD

I have not see the use of this term.

Nov 05, 2019 11:52 AM

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Nina Hollander, Broker

Charlotte, NC
Bob "RealMan" Timm

Minot, ND

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Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

It's not one that was tested on in Cali.

Nov 05, 2019 09:06 AM

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Nina Hollander, Broker

Charlotte, NC
Bob "RealMan" Timm

Minot, ND

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Carol Williams

Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA

Author, Golfer, Retired Broker, Wenatchee, WA

Is this like people living together as "Domestic Partners" but not legally binding partners? Let's give it a try.

Nov 05, 2019 08:50 AM

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Nina Hollander, Broker

Charlotte, NC
Bob "RealMan" Timm

Minot, ND

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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

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I suspect that Congress will be digging into a lot of ostensible partnerships that the White House is involved in over the next few months.

Nov 05, 2019 08:41 AM

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Bob "RealMan" Timm

Minot, ND
Bob Crane

Stevens Point, WI

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Richard Weeks

Dallas, TX

REALTOR®, Broker

Sorry, never heard that term.

Nov 05, 2019 08:22 AM

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Nina Hollander, Broker

Charlotte, NC
Bob "RealMan" Timm

Minot, ND

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Barbara Todaro

Keller Williams Elite - Franklin, MA

"connecting land with builders"

the famous statement: I Know Nothing!!!

Nov 05, 2019 01:20 PM

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Bob "RealMan" Timm

Minot, ND

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Ron and Alexandra Seigel

Napa Consultants - Carpinteria, CA

Luxury Real Estate Branding, Marketing & Strategy

We are in California. We do have clients in FL and I sure that they know what it is. This is not something I would ask them. A

Nov 05, 2019 01:09 PM

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Bob "RealMan" Timm

Minot, ND

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Evelina Tsigelnitskaya

SIB Realty - Sunny Isles Beach, FL

No, don't remember.

Nov 05, 2019 11:39 AM

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Bob "RealMan" Timm

Minot, ND

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Valeria Mola

SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL

305-607-0709 SIB Realty Condos for Sale and Rent

Thank you, Bob "RealMan" Timm

Nov 05, 2019 08:55 AM

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Bob "RealMan" Timm

Minot, ND

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Joan Cox, Retired Broker/Owner

Denver, CO

Enjoying Every Day to Its Fullest!

I forget about that one, it was decades ago.

Nov 13, 2019 07:24 AM

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John Juarez

The Medford Real Estate Team - Fremont, CA

ePRO, SRES, GRI, PMN

First time I have heard the term...or else it has been so long since I took the real training course and studied something that I will never use, I perhaps forgot about it.

....but I don't think so.

Nov 05, 2019 02:51 PM

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Wayne Martin

Wayne M Martin - Oswego, IL

Real Estate Broker - Retired

Way back when I took the Florida broker's exam, not one question on the subject!

Nov 05, 2019 02:04 PM

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Captain Wayne covered it well in this AR post https://activerain.com/droplet/5lhC back in 2014.
#1 on Google is our own AR member Captain Wayne

"An ostensible partnership (or quasi-partnership) exists where there is no real partnership, but the parties act or do business in such a manner that the public, having no knowledge of the parties' private relations, reasonably would assume that a partnership exists."
I don't recall this topic covered either in New York State or North Carolina State real estate classes... or on broker exams, which I passed in both states.
Is this like people living together as "Domestic Partners" but not legally binding partners? Let's give it a try.
I suspect that Congress will be digging into a lot of ostensible partnerships that the White House is involved in over the next few months.
We are in California. We do have clients in FL and I sure that they know what it is. This is not something I would ask them. A
First time I have heard the term...or else it has been so long since I took the real training course and studied something that I will never use, I perhaps forgot about it.

....but I don't think so.
Way back when I took the Florida broker's exam, not one question on the subject!