Missouri License Law
In Missouri, a real estate license is required to receive compensation for negotiating the lease of a commercial property on behalf of a landlord. True or False:
ATrue; leasing commercial property for others for compensation requires a Missouri real estate license✓ Correct
BFalse; commercial property is exempt from licensing
CFalse; only residential leasing requires a license
DTrue; but only for leases over $1 million
Explanation
Missouri Chapter 339 RSMo requires a real estate license for leasing (listing or negotiating) commercial or residential property on behalf of others for compensation.
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