INCORPORATION QUESTIONNAIRE for Personal Real Estate Corporation (PREC) INCORPORATION QUESTIONNAIRE for Personal Real Estate Corporation (PREC) * Fields is red are required 1. What is your full name? 2. What is your email address? 3. Are you employed by a real estate brokerage to trade in real estate? YesNo 4. If Yes, Please provide the name of the brokerage by which you are employed 5. Do you want a named corporation or a numbered company? NamedNumbered 6. If you want a named corporation, what is your preferred name? If you want a numbered corporation, skip to the next question. Your corporate name should have three parts: (1) a distinctive (unique) part; (2) a descriptive part (describes your type of business or industry); and (3) corporate suffix at the end (Ltd., Limited, Corp., Corporation, Inc. or Incorporation). PREC rules dictate that the name must not represent to the public that the PREC trades in real estate. 7. What is the address of the head office for your new corporation? (It can be your home address if you don’t have your own office). 8. As a realtor, you have to be the only officer and controlling shareholder of the corporation. You have the option of allowing the non-equity (and non-voting shares) owned by (a) you; (b) a family member; or (c) a trustee for one or more of your minor children. Do you want to issue an non-voting, non-equity shares to anyone? If yes, please provide their names and the number of shares here. You may add as many shareholders are required, click (+/-) buttons. -+ 9. Please provide your address and phone number as an officer of the new corporation. 10. Please provide the name and address of your accountant, if you have one. 11. Please provide the name and address of your bank.
