Georgia License Law
Which of the following would NOT be considered 'practicing real estate' without a license in Georgia?
AA. Managing several rental properties owned by an LLC in which you own a 50% interest✓ Correct
BB. Listing a neighbor's home for sale for a commission
CC. Negotiating a lease on behalf of a friend for compensation
DD. Selling properties on behalf of a developer for a per-sale fee
Explanation
Managing properties in which you have an ownership interest (even partial, like an LLC) is generally exempt from licensing requirements because you are managing your own property. The other options involve representing others for compensation, which requires a license.
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