Mott Marvin Kornicki, Waterway Realtors, Notary Public 786-229-7999 (Waterway Realtors® • South East Florida)

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Rainmaker
1,635,878
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

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

Nov 05, 2019 08:16 AM
Rainmaker
2,809,069
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

#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
Rainmaker
3,171,408
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

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
Rainmaker
5,459,038
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I have not see the use of this term.

Nov 05, 2019 11:52 AM
Rainmaker
1,255,547
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
Rainmaker
1,343,983
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

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
Ambassador
4,317,031
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

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
Rainmaker
3,092,489
Richard Weeks
Dallas, TX
REALTOR®, Broker

Sorry, never heard that term.

Nov 05, 2019 08:22 AM
Rainmaker
5,077,069
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

the famous statement:  I Know Nothing!!!

Nov 05, 2019 01:20 PM
Rainmaker
4,530,229
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
Rainmaker
1,645,355
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

No, don't remember.

Nov 05, 2019 11:39 AM
Rainmaker
1,210,822
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty

Thank you, Bob "RealMan" Timm 

Nov 05, 2019 08:55 AM
Rainmaker
4,131,593
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I forget about that one, it was decades ago.

Nov 13, 2019 07:24 AM
Rainmaker
703,780
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
Rainmaker
3,334,624
Wayne Martin
Wayne M Martin - Chicago, 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