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부동산

When a Real Estate License is Required

2019.02.28 20:45 Views : 103

When a Real Estate License is Required

A person must be LICENSED if he or she, for compensation (or the promise of compensation) and for another person, undertakes or negotiates to undertake any of the following actions:

  • Sells or offers to sell, buys or offers to buy, and solicits prospective sellers or purchasers of real estate.
  • Solicits or obtains listings of real estate.
  • Negotiates the purchase, sale, or exchange of real property or a business opportunity.
  • Assists or offers to assist in filing an application for the purchase or lease of property owned by the state or federal government.
  • Negotiates loans, collects payments, or performs services for borrowers or lenders or note owners.
  • Sells or offers to sell, buys or offers to buy, or exchanges or offers to exchange a real property sales contract, or a promissory note secured directly or collaterally by a lien on real property or on a business opportunity, and performs services for the holders thereof.
  • Leases or rents; offers to lease or rent; places for rent; solicits listings of places for rent; solicits for prospective tenants; negotiates the sale, purchase or exchanges of leases on real property; or collects rents from real property.*

* Keep in mind that some managers and employees under the aforementioned section are exempt from the licensing requirement.

Those parties are discussed on the following screen; so let’s move along to read about those.

No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2372
Notice 부동산 용어 (A to Z) 2019.03.03 1602
82 Apartment Ownership - Cooperatives 2019.03.02 93
81 Water Information and Air Rights 2019.03.02 104
80 Water Information and Air Rights 2019.03.02 104
79 Water Rights 2019.03.02 84
78 Eminent Domain and Condemnation 2019.03.02 81
77 Environmental Regulation 2019.03.02 98
76 Zoning Laws and Building Codes 2019.03.02 115
75 Trade Fixtures 2019.03.02 102
74 Fixtures and Appurtenances 2019.03.02 1038
73 Personal vs. Real Property 2019.03.02 98
72 Economic and Physical Characteristics of Land 2019.03.02 1723
71 Rights in Real Estate 2019.03.02 117
70 What Is Land? 2019.03.02 102
69 TEST 4 - Correction 2019.03.02 163
68 Chapter 4 - TEST 2019.03.02 167
67 Chapter 3 TEST (2nd) 2019.03.02 222
66 Chapter 3 TEST 2019.03.02 306
65 Exam Essentials 2019.03.01 155
64 Chapter 2 Test 2019.03.01 261
63 Chapter 2 Conclusion 2019.03.01 159
62 Elective Broker Courses 2019.02.28 108
61 Mandatory Broker Courses 2019.02.28 87
60 Original Real Estate Broker License 2019.02.28 111
59 Educational Requirements for Salesperson Applicants 2019.02.28 105
58 Original Salesperson License Requirements 2019.02.28 90
57 Original Salesperson License 2019.02.28 347
56 Acting Without a License 2019.02.28 159
55 Exemptions from License Requirements 2019.02.28 111
54 Managers and Employees Exempt From Licensing Law 2019.02.28 97
» When a Real Estate License is Required 2019.02.28 103