Corporation Sole

Definition: A specialized legal form associated with a continuing office, often a religious office, allowing property to be held through successive officeholders.

Example

A religious office holds property through the office's legally recognized continuing entity rather than each holder's personal estate.

Keep the distinction clear

A corporation sole is not a corporation with only one shareholder and is not a sole proprietorship. Entity terminology does not establish eligibility to register a Florida brokerage.

Related terms

Corporation · Sole Proprietorship · Real Estate Brokerage

Keep studying

Corporation Sole, Sole Proprietorship, and Single-Owner Businesses

References: FREC Course II syllabus: investment concepts

Pronunciation (US): kor-puh-RAY-shun SOHL (capitals show stress)

Pronunciation reference: Merriam-Webster