Who Need a Licence? Flashcards
Sell, exchange, purchase, rent, or lease real estate
YES
Offer to sell, exchange, purchase, rent, or lease real estate
YES
Negotiate or attempt to negotiate the listing, sale, exchange, purchase or leasing
of real estate
YES
List or offer or attempt or agree to list real estate for sale, rent, lease, exchange or
trade
YES
Auction, offer or attempt or agree to auction real estate
YES
Buy or sell or offer to buy or sell, or otherwise deal in options on real estate
YES
Aid, attempt or offer to aid in locating or obtaining for purchase rent or lease any
real estate
YES
Procure or as in the procuring of prospects for the purpose of effecting the sale,
exchange, lease or rental of real estate
YES
Procure or assist in the procuring of properties for the purpose of effecting the
sale
YES
Present them or be presented, as being able to perform an act for which a license
is required
YES
Selling time shares for other people
YES
Auction Ground-men
NO
An owner in the managing of, or in consummating, a real estate transaction
involving their own real estate or the real estate of their spouse, child or parent
NO
Owner means the individual owner themselves, or in the case of a
Corporation or Partnership, a partner or corporate officer who has the
authority of and does make management decisions affecting the overall
policy of the corporation or partnership.
An Attorney at Law performing his/her duties as an Attorney at Law
NO
Persons acting without compensation and in good faith under a duty executed by
power of attorney authorizing the consummation of a real estate transaction.
NO
Persons, or a state-chartered or federally-chartered financial institution, acting as
a receiver, trustee, administrator, executor or guardian, or acting under a court
order or under authority of a trust instrument or a will.
NO
Public officers performing their official duties
NO
Persons performing general clerical or administrative duties for a broker
NO
The duties of a clerical or office employee of a real estate company shall be
limited to the duties normally attributed to such positions. No such
employee of a licensee or any other person shall physically show listed
property, solicit, or accept a listing, negotiate a sale or lease, hold
themselves out as engaged in the real estate business or perform any other
Persons acting as the manager for an apartment building or complex. However,
this exception shall not apply to a person acting as an onsite manager of a
condominium complex
NO
Transactions involving the sale, lease or transfer of cemetery lots.
NO
