What is required of a managing general partner in a partnership licensee?

A managing general partner in a partnership licensee must hold a state license as a designated broker to ensure compliance with legal and regulatory requirements governing the practice of real estate. This requirement is essential because the managing general partner typically has significant responsibilities and authority within the partnership, including overseeing operations, managing transactions, and ensuring adherence to state laws related to real estate practices.

Holding a designated broker license signifies that the individual has met the educational, experiential, and ethical standards necessary to perform these duties competently. This licensure helps maintain professionalism in the industry, protects consumers by ensuring that real estate transactions are handled by qualified individuals, and supports the integrity of the partnership's operations.

In contrast, the other choices do not align with the requirements for managing general partners in the context of real estate partnerships. Partners are not allowed to operate without any licenses, cannot simply be silent (as this role demands active management), and experience in outdoor recreation is irrelevant to the licensing requirements.