Mississippi License Law
A Mississippi real estate licensee is also a licensed attorney. If they provide legal advice in a real estate transaction, they must:
AOnly provide legal advice if acting as the broker
BClearly identify which role they are acting in—as a real estate licensee or as an attorney✓ Correct
CObtain a dual-practice license from MREC
DAlways act in the attorney role, which supersedes the real estate license
Explanation
A person who is both a real estate licensee and an attorney must clearly identify which capacity they are acting in during a real estate transaction, as the duties and fiduciary obligations differ between the two roles.
Related Mississippi Mississippi License Law Questions
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