Exceptions To Licensing

Question 1

Executive of an estate

Answer 1

Executive of an estate is not required to obtain a license and can essentially sell the property as “for sale by owner” (FSBO).

Question 2

Resident manager

Answer 2

If a resident manager of the complex is residing on the property, he or she is not required to obtain a license to show the property.

Question 3

City workers

Answer 3

City workers can buy and sell properties for an entity without obtaining a license.

Question 4

Eminent domain

Answer 4

No license is required in performing the act of eminent domain

Question 5

Referral fee

Answer 5

Anyone receiving a resident referral fee that is not in excess of $100 is not required to obtain a license in order to make the referral.

Question 6

Transient lodging facility

Answer 6

A license is not needed for anyone managing a transient lodging facility which is not a principal residence. Examples: Hotel, motel, college dormitory, mental hospital, prison, etc.

Question 7

Probate or estate attorneys

Answer 7

Probate or estate attorneys do not need a license is acting as an attorney and not a realtor in the sale of real estate.