DRE & Licensing
A person receives compensation for negotiating a real estate transaction without a license in California. This is:
APermissible if the transaction is under $100,000
BA misdemeanor or felony under California Business and Professions Code Section 10130✓ Correct
CPermissible if done only once
DPermissible if the person has a law degree
Explanation
Conducting real estate activities for compensation without a California real estate license is a violation of Business and Professions Code Section 10130. It can be prosecuted as a misdemeanor or felony, and the unlicensed person cannot sue to collect any compensation earned.
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